More Than 92% of Newly Launched Tokens Are Trading Below the TGE Price
🔸 According to data from CryptoRank, as many as 92.9% of tokens launched from 2024 to date are currently trading below the TGE price. Among 113 projects with market caps above $100 million surveyed, only 8 projects still maintain a price higher than their launch time, while the rest all record negative performance. The median profit of the entire group is currently around -95.7%.
🔸 A small number of projects still manage to generate standout gains, including $HYPE (+1519%), $ONDO (+101%), $EVA (+20%), and $NIGHT (+16%). The data suggests the market is becoming increasingly strict with new tokens—especially those with excessively high FDV, low circulating supply, or large token unlock schedules. Instead of FOMO chasing a fresh narrative launch, capital is focusing more on projects that can prove their product, users, and real growth potential.
What do you think—has the era of token launches increasing by dozens of times come to an end, or is the market simply becoming more selective among thousands of new projects?
This article is for news updates only, not investment advice.
🔸 According to data from CryptoRank, as many as 92.9% of tokens launched from 2024 to date are currently trading below the TGE price. Among 113 projects with market caps above $100 million surveyed, only 8 projects still maintain a price higher than their launch time, while the rest all record negative performance. The median profit of the entire group is currently around -95.7%.
🔸 A small number of projects still manage to generate standout gains, including $HYPE (+1519%), $ONDO (+101%), $EVA (+20%), and $NIGHT (+16%). The data suggests the market is becoming increasingly strict with new tokens—especially those with excessively high FDV, low circulating supply, or large token unlock schedules. Instead of FOMO chasing a fresh narrative launch, capital is focusing more on projects that can prove their product, users, and real growth potential.
What do you think—has the era of token launches increasing by dozens of times come to an end, or is the market simply becoming more selective among thousands of new projects?
This article is for news updates only, not investment advice.