Amid the ongoing decline in the value of tokens listed on Binance in 2024, quotation statistics show a sharp decline in the valuations of most assets since their listing. Among the new cryptocurrencies, only $JUP and $WIF have shown positive dynamics since their appearance on the world's largest trading platform until today. The rest have shown significant losses, and several tokens have even lost more than 80% of their initial capitalization.
#JUP (Jupiter) and #WIF (dogwifhat) remained positive amid the massive decline, making them unique among other assets that failed to hold their positions. JUP showed a 10.5% increase in market cap, while WIF demonstrated an increase of 12.1%. In the context of the general market decline, this may indicate high resilience of these assets or active investor interest, which helps them maintain a positive trend.
On the other hand, a number of tokens have shown a catastrophic fall in value. Among the worst hit are AEVO, PORTAL,$W , And #TNSR 
, each of which lost more than 80% of their initial valuation. For example, AEVO fell in price by 89.7%, and PORTAL lost 89.1%. Such a sharp decline may be due to insufficient liquidity, high volatility, or weak interest from institutional and retail investors.
The reasons why some of the tokens failed to stay afloat could be attributed to both high expectations at the IPO stage and oversupply amid low demand. Investors hoping for short-term gains may have been faced with the reality of a bear market and a lack of fundamental value, leading to massive sell-offs. Notably, most of the tokens that lost most of their value are projects focused on blockchain infrastructure or the DeFi segment, where competition is fierce.
