In 2025, a total of 533 public token sales were conducted, with only 63 tokens, approximately 12%, currently trading above their issue price, according to Fundraising Digest. The largest token sale was PUMP, raising $600 million, which initially returned 2.19 times its value but has since fallen below its IDO price, with a current ROI of 0.48 times. MON and XPL have current ROIs of 0.93 and 0.47 times, respectively. Despite the overall weak long-term performance, about 58% of token sales achieved short-term gains of 3-6 times their initial value shortly after launch. The highest return in 2025 was from MYX, which reached an all-time high ROI of 2103 times and remains approximately 385 times above its issue price.