The paradox of crypto markets has never been clearer: failed tokens are achieving mainstream traction.

What does this mean? Projects that launched with broken fundamentals, abandoned development, or outright scams are still pulling in retail capital. Wallet addresses multiply. Trading volumes spike. Community channels buzz with activity—even as the underlying utility collapses.

This isn't new behavior, but the scale is shocking. Failed tokens persist longer, accumulate more holders, and generate more noise than ever before. Retail investors chase narratives over substance. FOMO outpaces due diligence.

The market has normalized failure. Tokens die on the vine while new speculators enter daily, each convinced they'll exit before the collapse. It's a game of musical chairs played at institutional scale.

The real question isn't why failed tokens survive—it's what this says about market maturity. When broken projects achieve adoption, it suggests the market still measures success by hype, not fundamentals.