Data shows only 7.1% of tokens launched since 2024 with market cap over $100M are still profitable; 105 out of 113 have fallen below TGE price.

Data shows only 7.1% of tokens launched since 2024 with market cap over $100M are still profitable; 105 out of 113 have fallen below TGE price.

A statistic showing that most new crypto tokens launched since 2024 have lost value compared to their initial listing price, with only a few exceptions like HYPE, ONDO, EVA, and NIGHT.

Details

A recent data analysis reveals that only 7.1% of tokens launched since 2024 with a market cap exceeding $100 million remain profitable. Out of 113 such projects, just 8 tokens are trading above their Token Generation Event (TGE) price, while the remaining 105 have fallen below their initial listing price. The standout performers include HYPE, ONDO, EVA, and NIGHT, which have surged approximately 1519%, 101.4%, 20.3%, and 16.5% respectively from their TGE price. The data underscores the difficulty for new tokens to maintain their initial valuation, with most experiencing sustained declines post-launch. This trend highlights the high risk associated with investing in newly issued tokens, as the majority fail to retain their listing price over time.

0000
Free trader tools Trade with data, not guesses

CrypSpy is a free platform for crypto market analysis: signal levels, liquidation maps, volume clusters, a live market radar and trader forecasts. Open the chart and see the market the way professional traders do.

#Signallevels #Liquidationmaps #Volumeclusters #Marketradar #Traderforecasts #Technicalanalysis #Cryptomarket #BTC #ETH
All news Open app