Crypto projects shut down as token models fail under pressure

Crypto projects shut down as token models fail under pressure

0.03%TRX$0.3246 0.12%BCH$447.88 0.07%DOGE$0.09932 1.54%XLM$0.1623 1.44%ETH$2,290 0.10%BNB$623.51 0.01%SOL$83.60 1.07%HYPE$39.69 5.09%XMR$387.06 0.55%XRP$1.37 1.10%ADA$0.2462 0.40%BTC$76,188 0.73%Written by Yohan Yun⁠, Staff Editor. Reviewed by Aaron Wood⁠, Staff Editor. Written by Yohan Yun⁠, Staff Editor. Reviewed by Aaron Wood⁠, Staff Editor. Crypto projects shut down as token models fail under pressureFeaturesPublishedApr 28, 2026Crypto projects are shutting down as token funding weakens and fragmented structures leave them with limited options to restructure or recover. A wave of crypto shutdowns is unfolding across the industry this year, hitting projects from trading platforms to analytics tools. April was no exception, as decentralized email service Dmail said it is shutting down due to high infrastructure costs, failed fundraising and weak token utility. “In prior cycles, project

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