Only 7.1% of tokens launched since 2024 with a market cap over $100 million are trading above their Token Generation Event (TGE) price, according to CryptoRank data. Out of 113 projects, just 8 tokens have maintained or exceeded their initial valuation, while 105 have fallen below their issuance price.
Notable performers include HYPE, ONDO, EVA, and NIGHT, which have increased by approximately 1519%, 101.4%, 20.3%, and 16.5% respectively from their TGE prices. This data highlights the challenges new tokens face in sustaining their initial market value, with most experiencing significant declines post-launch.
Only 7.1% of New Tokens Since 2024 Trade Above Initial Price
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