Only 7.1% Still Profitable: Most Tokens Launched Since 2024 with Market Cap Over $100M Have Fallen Below TGE Price

Odaily Planet Daily reports that data shows only 7.1% of tokens launched since 2024 are still in a profitable state. Among 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 that have performed relatively well include HYPE, ONDO, EVA, and NIGHT, which have risen approximately 1519%, 101.4%, 20.3%, and 16.5% respectively compared to their TGE price. Data indicates that newly launched tokens find it difficult to maintain their initial valuation, with projects trading above their issuance price after TGE remaining a minority, while most projects experience a sustained pullback.