Crypto Presale Launchpad Activity Collapses 84% Across PinkSale and GemPad in 2026

Crypto presale activity collapsed across major in early 2026, according to fundraising data extracted from PinkSale and GemPad.

TheHolyCoins compared, using publicly available information, the number of presale token sales launched on each of the two launchpads from January to April 2025 and from January to April 2026.

Because the platforms do not provide precise historical filtering tools, listings were counted manually by sorting token sales by launch date and going through paginated pages.

The comparison showed a steep decline in the number of token sales across both platforms. The slowdown follows the after the speculative trading frenzy of 2024 and early 2025.

PinkSale Crypto Presale Activity Drops Nearly 80%

is one of the largest retail-focused crypto launchpads, particularly for meme coins, microcap tokens, and community-driven presales.

The platform recorded 685 token sales during January-April 2025, compared to 140 during the same period in 2026, a 79.6% decline.

According to statistics on the launchpad’s homepage, PinkSale has hosted 32,500 token sales that collectively raised $1.7 billion.

GemPad Crypto Presales Collapse by 84%

, which operates at a smaller scale than PinkSale, recorded an even steeper proportional decline.

The platform dropped from 111 token sales during January-April 2025 to only 18 in the same period in 2026, representing an 84% drop.

in December 2024. The attacker exploited a smart contract reentrancy vulnerability, stealing more than $1.9 million in locked assets from liquidity pools of projects using the platform’s liquidity-locking services.

A report released by Dsecurity after the hack mentioned that 753 token sales had been launched on the platform, raising $46 million in total since the platform’s introduction in 2022 and through December 2024.

Golden Age of Crypto Presales Is Winding Down

Crypto presales became one of the biggest retail trends in the industry during 2021 and 2022. Projects like and attracted retail investors with low token prices during the presale phase, while early investors saw sharp price increases shortly after launch. The momentum did not last, however, as the projects eventually fell sharply below their presale prices.

What did last was investors’ appetite for astronomical profits, which remained strong.

As crypto companies and project developers recognized the strong retail appetite for high-risk speculative investments, thousands of additional presales entered the market over the following years. The trend peaked during 2024 and early 2025, with projects raising hundreds of millions of dollars in total.

Prominent examples of the industry’s strong momentum include , which raised $73 million; , which raised $55 million; and , which claims to have raised over $440 million.

While the number of presales increased, their deteriorated. The vast majority of tokens, in case the team did not disappear or rug pulled, dropped significantly within hours, and even minutes, after launch, with most investors trapped and unable to sell their holdings.

The momentum behind new crypto presales appears to have cooled during the second half of 2025 and into 2026. Retail investors, battle-wounded by severe losses, have reduced their investments, leading to fewer projects, especially small-scale ones, launching new token presales.

This slowdown directly affects presale launchpads such as PinkSale and GemPad, which provide smaller projects with a full-stack service suite that includes token creation, fundraising, liquidity locking, launch infrastructure, and more.