Farcaster

Where to land with over 11 million tokens on CoinMarketCap
1. Number of tokens on CoinMarketCap exceeds 11 million
On February 9, CoinMarketCap recorded the number of listed tokens exceeding 11 million.
This increase is mainly due to the memecoin wave on Solana exploding from 2024 to early 2025.
2. Market is saturated, altcoins lose their advantage
The huge number of tokens makes the community worry that memecoin is overwhelming technology altcoins.
According to expert Ali Martinez, altcoin season is unlikely to happen because the market is too saturated.
Ali estimates that the market has more than 36 million altcoins, compared to only 3,000 tokens in 2018 and less than 500 altcoins in 2013-2014.
3. Increasing Token Creation Rate, Exchanges Under Pressure
Brian Armstrong (Coinbase CEO) revealed that there are about 1 million new tokens created every week.
Coinbase is considering changing its listing process to keep up with this growth rate.
Exchanges are having difficulty manually evaluating and listing each