Since January 2025, more than 2,000 crypto coins and tokens have been erased from the market, or roughly 20% of the total count. And while many might think that this crypto wipeout, which brought the total crypto count back to early 2022 levels, targeted practically worthless coins valued at less than $0.01, it’s the crypto’s middle class that has been hit the hardest.

According to data presented by TechGaged.com, crypto`s mid-priced tokens, worth between $0.10 and $1, took the hardest hit, falling by 32% over the past 18 months.

Mid-Priced Cryptos Drop at Twice the Rate of “Worthless” Tokens

When looking at the total crypto count over the past two years, listing and delisting coins and tokens have been one of the easiest and most unpredictable things.

The count movements seen since 2024 have been nothing less than crazy, with the market adding thousands of tokens in bull runs and then erasing them during bear times.

Thanks to the rise of blockchain technology, practically anyone, anywhere could launch a new cryptocurrency, and most did, creating a market flooded with hype-driven tokens with little real value.

And while these worthless coins with no real-world use have been the first target of the ongoing crypto wipeout, they still haven`t suffered the worst hit.

The Findings

The TechGaged research team analyzed total crypto count movement over the past 18 months, including which crypto category saw the biggest decline, and the findings are fairly unexpected.

Back in October 2024, or roughly three months before the crypto count hit an all-time peak, the crypto market counted 9,861 coins and tokens. Since then, this figure has dropped by 13% to 8,563 as of the last day of March 2026.

Worthless tokens, priced at less than $0.01, saw a similar decline over this period, falling by 14% to 7,242. Surprisingly, crypto’s middle class, or mid-priced tokens worth between $0.10 and $1, suffered a much harder hit, declining by 32% over the 18 months.

On the other hand, tokens priced between $0.01 and $0.10 grew by 8.7% in this period, reaching 596 in late March. Likewise, coins and tokens worth between $1 and $1,000 were also on the growth side, rising by 8.8% over the 18 months to a total of 369 in the same period.

Overall, the data shows a clear shift in the market, with mid-priced tokens hit the hardest, while lower- and higher-priced ones fell much less or even continued to grow.

Mid-Priced Tokens Shrink to Become Crypto`s Smallest Segment by Count

This significant 32% drop in total count over the past year and a half has also had a major impact on mid-priced tokens` market share, turning them into crypto`s smallest segment by total count.

Back in October 2024, these coins and tokens accounted for 5.4% of all listed cryptocurrencies, up from 4.1% today. This puts mid-priced tokens even behind crypto`s top category of coins worth between $1 and $1,000, which now make up 4.3% of all cryptocurrencies, or 0.9 percentage points more than 18 months ago.

Tokens priced between $0.10 and $1 also increased their share, rising by 1.4 percentage points to 6.9% of the total crypto count, while worthless tokens dropped by 1 percentage point but still make up 84% of all cryptocurrencies.