2024 Crypto Frenzy: Over Half a Million New Digital Assets in Just 4 Months

• Over 540,000 new crypto assets launched in first 4 months of 2024, according to CoinGecko data

• Equates to average of 5,300 new tokens created per day so far in 2024

• 2024 on pace to surpass 830,000 new tokens created in 2023

• 195,735 new memecoins created in March 2024 during latest memecoin frenzy

• Easier token creation tools and decreasing trading costs could fuel more new crypto assets