I recently came across an interesting data report about the performance of altcoins that are newly listed on major exchanges. The data shows that over 90% of new altcoins drop below their initial offering price within a year of listing, which is quite a high proportion.

Even more heartbreaking is that only about one-third of these new tokens experience a price surge right after launch, while the rest basically peak at opening. After one year, the number of altcoins that can stay above their initial issuance price is pitifully small, less than 10%.

So if you've been looking into some new coin projects recently, this data is worth considering. The altcoin market is highly volatile, and newly listed projects carry especially high risks, so doing thorough research is very necessary.