CryptoWorld News reports that, according to CryptoRank data, in the second quarter of 2026, early issuance/IDO fundraising amounted to $58,000,000, down 85% quarter-over-quarter, marking the worst quarterly record in nearly five years. The number of public sales fell from 105 in the first quarter to 37, a 65% decline. In May, 13 token sales were completed, the lowest single-month level since December 2020. In the first quarter of 2025, there were 429 public sales, raising $849,000,000, and the current fundraising amount is more than 14 times smaller than that peak.

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ColdWalletUnderTheNeonLights
· 3h ago
Lowest since December 2020? Feels like we're back at the start of a bear market, liquidity exhaustion is more severe than expected.
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MosaicBowtieRealm
· 3h ago
Public sales have dropped from 105 to 37 transactions; it's not that no one is issuing tokens, but that even when they do, they can't raise funds. If this trend continues for two more quarters, many launchpads will have to shut down.
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PaperHandsPro
· 3h ago
The IDO data is too tragic, with an 85% drop, the market is completely cooled off.
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