2026-01-13 17:22:27

The recent data being circulated is quite outrageous: in just 12 days, 620,000 new cryptocurrencies have been created, bringing the total crypto ecosystem close to 30 million coins. The situation where there are more coins than people is truly becoming a reality this time.

Just in the past month alone, 1.57 million tokens have emerged, with a surge of 357,000 last week—this growth rate is almost unbelievable. Why is it so crazy? Essentially, the barrier to entry is almost nonexistent. No need to understand coding, no complex operations required—just set up a wallet, pay some fees, and you can issue your own coin. Many people are either testing out a certain idea or just trying to ride the hype to attract attention.

But behind the excitement is a lot of chaos. The fate of most new coins boils down to two outcomes: either they crash immediately after launch, or their liquidity dries up to a terrifying degree, or no one pays attention at all. The hype lasts only three days, and the narratives vary widely—some seem to envision a lofty future, while others are just lowbrow jokes. It feels like everyone is printing money, but most of what’s printed is just worthless paper.

Thinking about it this way, when issuing coins becomes easier than posting a social media update, where is digital currency headed? The bubble is growing larger, but substance is diminishing. Are we witnessing some kind of innovation, or are we being swept into a meaningless storm of noise? What this game will leave behind in the end is anyone’s guess.

What do you think about this? Share your thoughts.

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failed_dev_successful_ape

· 01-14 22:45

There are more coins than people, this is no longer a joke, it's really coming --- It's just a game of hot potato, it will explode sooner or later --- 1.57 million tokens in a month? That's funny, most of them will be forgotten by next week --- The threshold is too low, it feels like witnessing the death spiral of crypto --- The printing press is running fast, but it's all waste paper, truly amazing --- Wait a minute, why does it seem like every coin wants to become the next Dogecoin --- The part about liquidity drying up is really heartbreaking, a bloody reality --- Instead of calling it innovation, it's more like playing hot potato; whoever holds it last loses --- The phrase "noise storm" is perfect, it completely describes the current situation --- Issuing tokens is easier than posting on social media? Then maybe we can all try to become the king of coins --- If this continues, a cleanup is inevitable; bubbles always burst

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ForkItAllDay

· 01-14 20:22

There are more coins than people, this is really going to get serious, terrifying. Waste coins piling up, sooner or later they'll be cleared out. The threshold for issuing coins is so low, it's really pointless. Another round of bloodsucking game, the leeks are still rushing in. Three days of hype, an eternal story. This is exactly like hot potato in the digital age. On the night before the bubble bursts, some are still partying. Most will have to reset to zero, it's fate. Feels like witnessing madness, not innovation.

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ChainMemeDealer

· 01-14 14:15

Crypto outnumbers people, hilarious. Is this the future we want? Wait, really? 1.57 million tokens in a month? I feel like I'm about to be overwhelmed. Not gonna lie, this is no longer Web3; it's just a big casino where anyone can come and play. The low barrier to entry has become a poison. Now issuing tokens is as easy as posting on social media, it's heartbreaking. I've seen too many coins that fade away in three days; liquidity evaporates as if they just disappeared. So how many of these can actually survive in the end? Feels like all just air coins. The printing presses are running full blast, but all they print is waste paper. What kind of ecosystem is this? When innovation turns into speculation, truly valuable things get drowned out in the noise.

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Ramen_Until_Rich

· 01-13 17:52

There are almost more coins than people now. How can we play like this? It feels like everyone is just betting on the next person to take over.

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DaoTherapy

· 01-13 17:49

More coins than people is not a dream, it's a nightmare haha The paper waste printing machine is running, and it can't be stopped 62,000 coins in 12 days? I think it will get even crazier Having the hype fade in three days is already a good outcome; most can't even last a day Issuing coins is easy to make money, but some people still jump into the pit What’s left behind? Maybe just a bunch of addresses and regrets

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ProposalManiac

· 01-13 17:43

In plain terms, it's a matter of inadequate mechanism design. The threshold is so low that incentive compatibility is never established, ultimately turning into a zero-sum game where retail investors cut each other. Looking at past failure cases, bubbles always follow this pattern—under the guise of innovation, it's bottomless plunder. Truly viable projects rely on community governance and consensus to sustain themselves, not on the sheer volume of tokens issued.

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BearHugger

· 01-13 17:43

Holy shit, 1.57 million tokens in a month? This isn't playing Web3, this is playing Monopoly with a printing press. 99% are trash coins; only those that survive a week are considered winners. Releasing tokens is easier than posting on social media. Does this thing have any meaning at all? When will this bubble burst? I'm already tired of waiting.

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MidnightSnapHunter

· 01-13 17:41

There are more coins than people, lol. Now it really turned into a garbage dump.

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GasFeeCry

· 01-13 17:27

There are finally more coins than people, OMG it made me laugh to death Is this heaven or hell... A bunch of trash coins, does no one care? 1.57 million tokens in a month, the level of absurdity is off the charts Issuing tokens is like playing a game, in the end, it's all a mess Bubbles piling up into mountains, who still cares about anything substantial anymore

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