CryptoRank study shows 93% of major tokens launched since 2024 are trading below their generation event price, with a median return of -95.7%.
Macro & Markets ·
A study by CryptoRank examined 113 major tokens launched since 2024 with market capitalizations above $100 million, finding that only 8 are currently trading above their token generation event price. This represents a median return of -95.7% across the cohort, with 93% of new crypto tokens below launch price according to the research. HYPE emerged as the strongest performer with a 1,519% gain, while ONDO, EVA, and NIGHT showed more modest positive returns.
The underperformance reflects structural challenges facing newly launched tokens. Sell-offs from early holders, insufficient liquidity in trading pairs, and broader regulatory uncertainty have all contributed to downward pressure on valuations. Some tokens have additionally suffered sudden crashes tied to protocol exploits or other technical failures, further eroding investor returns.
The findings underscore the difficulty newer projects face in sustaining initial valuations. Whether this reflects typical market cycles for emerging assets or signals structural problems in token launch mechanisms remains unclear from the available data.