{"id":18424,"date":"2025-12-21T16:15:26","date_gmt":"2025-12-21T16:15:26","guid":{"rendered":"https:\/\/bitunikey.com\/news\/new-crypto-tokens-are-failing-in-2025-85-below-tge-prices\/"},"modified":"2025-12-21T16:15:56","modified_gmt":"2025-12-21T16:15:56","slug":"new-crypto-tokens-are-failing-in-2025-85-below-tge-prices","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/new-crypto-tokens-are-failing-in-2025-85-below-tge-prices\/","title":{"rendered":"New crypto tokens are failing in 2025: 85% below TGE prices"},"content":{"rendered":"

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New crypto token launches have faced major price declines in 2025, with 84.7% trading below their Token Generation Event valuations.<\/p>\n

Research by Ash from Memento Research tracked<\/a> 118 TGE launches this year, finding that 100 tokens have fallen beneath their opening prices.<\/p>\n

The median token has crashed 71% in fully diluted valuation since launch, with market cap down 67%. Only 15% of 2025 token launches trade above their TGE valuations.<\/p>\n

\u201c2025 token launches have mostly been a bloodbath,\u201d Ash wrote on X. \u201cThis means ~4 out of 5 launches are below their opening valuation.\u201d<\/p>\n

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High-profile cryptos suffer 90%+ crashes from launch<\/h2>\n

Syndicate (SYND) leads the destruction with a 93.64% decline from its $940 million starting FDV to $59.8 million.<\/p>\n

Animecoin (ANIME) fell 93.59% from $870 million to $55.7 million. Berachain (BERA) dropped 93.17% from $4.46 billion to $305 million.<\/p>\n

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2025 token launches have mostly been a bloodbath<\/p>\n

Tracked 118 TGE launches this year and compared today\u2019s FDV vs opening:
\u2022 84.7% (100\/118) are below TGE valuation
\u2022 This means ~4 out of 5 launches are below their opening valuation
\u2022 Median token is -71% FDV (-67% MC) from\u2026 pic.twitter.com\/dtCHTvedpZ<\/a><\/p>\n

\u2014 Ash (@ahboyash) December 20, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n

Bio Protocol (BIO) crashed 93.05% from a $2.06 billion launch to $143 million current FDV. Xterio (XTER) plummeted 92.85% from $420 million to $30 million. Lit Protocol (LITKEY) declined 92.07% from $210 million to $16.7 million.<\/p>\n

Yala (YALA) fell 91.61% from $240 million to $20.1 million. Towns (TOWNS) dropped 91.22% from $691.8 million to $60.7 million. Nillion (NIL) crashed 91.21% from $720 million to $63.3 million.<\/p>\n

Even tokens that raised from top-tier venture firms suffered double-digit percentage crashes. Mira (MIRA) fell 91.05% from $1.4 billion to $125.4 million. Venice Token (VVV) declined 90.83% from $1.23 billion to $112.4 million.<\/p>\n

The data covers both H1 and H2 2025 launches. H1 tokens include Bio Protocol, Xterio, Berachain, and Nillion. H2 tokens include Syndicate, Animecoin, Lit Protocol, Yala, and Towns.<\/p>\n

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Venture-backed tokens face longest drawdowns<\/h2>\n

The worst performers launched with nine and ten-figure fully diluted valuations. Falcon Finance (FF) started at $6.7 billion FDV and fell 85.83% to $949.7 million. OG launched at $4.9 billion and dropped 84.42% to $763.6 million.<\/p>\n

Plasma (XPL) began at $12.97 billion and crashed 89.93% to $1.31 billion. Anoma (XAN) fell 90.22% from $1.6 billion to $156.2 million. Plume declined 87.84% from $1.3 billion to $158 million.<\/p>\n

Lower-cap launches fared no better. Balance (EPT) dropped 90.60% from $170 million to $16 million. Tree (TREE) fell 89.34% from $670 million to $71.4 million. Camp Network (CAMP) declined 89.11% from $637 million to $69.4 million.<\/p>\n

\u201cTGE isn\u2019t early anymore reee,\u201d Ash concluded, warning that buying tokens at launch no longer provides edge for retail investors.<\/p>\n<\/p><\/div>\n