By 2025, many new tokens have already emerged, and their performance varies greatly. Some have surged to impressive prices, while others have a quite substantial FDV—this difference reflects the market's evaluation logic of different projects.

From the price trend perspective, among the early-listed tokens, there are strong performers as well as those with mediocre performance. Even more interesting is the FDV (Fully Diluted Valuation) data—some projects, although not particularly outstanding in price, have a lot of room for valuation. This indicates that the market is still gradually digesting the fundamentals of new projects.

If you're tracking new coins this year, it's worth comparing multiple data dimensions. Price is just surface-level; liquidity, token distribution, and market consensus are the key factors. Some projects with high FDV may still have opportunities, but caution against risks is also necessary.