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92.9% of crypto tokens launched since 2024 trade below TGE price: CryptoRank

92.9% of crypto tokens launched since 2024 trade below TGE price: CryptoRank

AMBCryptoAMBCrypto2026/07/21 15:51
By:AMBCrypto

Nearly

93%
of crypto tokens launched since 2024 are now trading below their token generation event [TGE] price, according to new data from CryptoRank, underscoring the challenges new projects face in sustaining their initial valuations.

The analysis found that only

8 of 113 crypto projects
with market capitalizations above
$100 million
remain above their TGE price. The other
105
have fallen into negative territory.

Only 7.1% of major token launches remain profitable

CryptoRank’s research, which examined tokens launched between

2024 and 2026
with market capitalizations exceeding
$100 million
, paints a stark picture of the post-launch market.

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According to the data, just

7.1%
of projects continue to trade above their launch price, while
92.9
% have declined below it.

The median return across the dataset stood at

-95.7%
, highlighting the extent of the drawdowns experienced by many recent token launches.

92.9% of crypto tokens launched since 2024 trade below TGE price: CryptoRank image 0 Source: CryptoRank

Among the strongest performers,

Hyperliquid [HYPE]
led the pack with a gain of
1,519%
from its TGE price. It was followed by
Ondo Finance [ONDO]
at
101.4
%,
EverValue Coin [EVA
] at
20.32%
, and
Midnight Network [NIGHT]
at
16.50%
.

The market has become increasingly selective

The findings suggest investors have become far more selective than during previous market cycles, when many newly listed tokens experienced sustained rallies after launch.

Instead, capital has increasingly concentrated around a smaller group of projects that have demonstrated product adoption, ecosystem growth, or strong market demand. Many newly launched tokens have struggled to maintain their initial valuations.

The data also reflects a broader trend in recent years, with investors paying closer attention to tokenomics, circulating supply, unlock schedules, and long-term utility rather than focusing solely on launch-day momentum.

What it could mean for future token launches

The figures may also influence how future crypto projects approach token launches.

Projects have increasingly faced scrutiny over high fully diluted valuations [FDVs], limited circulating supply at launch, and large future token unlocks, all of which can place downward pressure on prices as additional supply enters the market.

As a result, developers and investors may place greater emphasis on sustainable token distribution models and long-term ecosystem growth rather than aggressive initial valuations.

Final Summary

  • CryptoRank found that only 8 of 113 crypto tokens launched since 2024 with market caps above $100 million are trading above their TGE price, leaving 92.9% below launch levels.
  • The data highlights how difficult it has become for newly launched tokens to sustain their initial valuations, with the median return across the sample standing at -95.7%.

 

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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