Among tokens with a market cap exceeding $100 million that were launched since 2024, only 7.1% are above their TGE price

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Golden Finance reports that on July 22, according to CryptoRank data, among tokens launched since 2024, only 7.1% are still in profit. Of the 113 projects with a market cap above $100 million, only 8 tokens are trading above their TGE price, while the other 105 have all fallen below their issue price. Better-performing protocols include HYPE, ONDO, EVA, and NIGHT, which are up by approximately 1519%, 101.4%, 20.3%, and 16.5% respectively versus their TGE prices. The data shows that it is extremely difficult for newly launched tokens to maintain their initial valuations; strong performance after the TGE is still rare, and most projects have undergone severe and sustained pullbacks.
HYPE-6.45%
ONDO2.97%
NIGHT17.46%
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