Only 7.1% Remain Profitable: Most Tokens Launched in 2024 with a Market Cap Over $100 Million Have Fallen Below Their TGE Price

Odaily reports that data shows only 7.1% of tokens launched since 2024 remain in profit. Among the 113 projects with a market cap exceeding $100 million, only 8 tokens are trading above their TGE price, while the remaining 105 have fallen below their issuance price.

Protocols performing relatively well include HYPE, ONDO, EVA, and NIGHT, which have risen approximately 1519%, 101.4%, 20.3%, and 16.5%, respectively, from their TGE price. Data indicates that newly launched tokens face significant difficulty in maintaining their initial valuation, with projects trading above their TGE price being a minority, while most projects experience continuous pullbacks.