Only 7.1% Remain Profitable: Majority of Tokens Launched Since 2024 with Market Cap Over $100 Million Have Fallen Below TGE Price

According to Odaily, data shows that only 7.1% of tokens launched since 2024 remain 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 issue price.

Protocols with relatively strong performance include HYPE, ONDO, EVA, and NIGHT, which have risen approximately 1519%, 101.4%, 20.3%, and 16.5% respectively compared to their TGE price. The data indicates that newly launched tokens face significant difficulty in maintaining their initial valuation. Projects trading above their issue price post-TGE remain rare, while the majority of projects experience a sustained pullback.