The billion-dollar token launch club is shrinking fast. New data tracking Fully Diluted Valuations (FDV) at month-end shows a sharp drop in projects debuting at $1B+ valuations between 2024–2026.
Crypto "unicorns" at launch are becoming rare. Fewer tokens are hitting the $1B FDV mark right out of the gate, signaling tougher market conditions or investor caution around inflated day-one valuations.
Crypto "unicorns" at launch are becoming rare. Fewer tokens are hitting the $1B FDV mark right out of the gate, signaling tougher market conditions or investor caution around inflated day-one valuations.
