84.7% of 2025 Crypto Launches Trade Below TGE Valuations
New crypto token launches have faced major price declines in 2025, with 84.7% trading below their Token Generation Event valuations.
Research by Ash from Memento Research tracked 118 TGE launches this year, finding that 100 tokens have fallen beneath their opening prices.
The median token has crashed 71% in fully diluted valuation since launch, with market cap down 67%. Only 15% of 2025 token launches trade above their TGE valuations.
“2025 token launches have mostly been a bloodbath,” Ash wrote on X. “This means ~4 out of 5 launches are below their opening valuation.”
High-profile cryptos suffer 90%+ crashes from launch
Syndicate (SYND) leads the destruction with a 93.64% decline from its…
