Under the Curse of TGE Peaking, Which Tokens Defied the Trend and Rose?

比推Publicado a 2025-12-31Actualizado a 2025-12-31

Resumen

Amid the prevailing trend of tokens peaking at their Token Generation Event (TGE) and declining thereafter in 2025, a few exceptions managed to sustain price increases post-launch. Tokens like ASTER, FOLKS, AVICI, and SENTIS demonstrated resilience, driven by genuine buying support rather than temporary spikes. Key factors contributing to their success include fair token distribution (e.g., AVICI with 0% team allocation, SENTIS with activity-based emissions), reasonable initial valuations that allowed for market re-rating, observable product usage or adoption (such as Aster’s Perp volume and Avici’s real-world spending), transparent and linear unlock schedules, and strategic exchange listings that amplified rather than dictated performance. These tokens highlight a market shift towards valuing structural integrity—healthy circulation, fair launches, and tangible utility—over mere narrative potential, emphasizing survival through sound tokenomics and adoption in an increasingly competitive landscape.

Author: Stacy Muur

Compiled by: CryptoLeo

Original title: What Are the Characteristics and Commonalities of Tokens That Performed Well After TGE in 2025?

Last week, I compiled a research post by Solus Group titled "Over 80% of New Tokens Peak at TGE: The Root Cause and Cure for Web3's False Prosperity," which analyzed the post-TGE performance of 113 tokens in 2025. The vast majority of these tokens peaked at TGE, with their prices starting to decline the day after launch, despite having conditions such as high financing, community support, and exchange listings.

Today's shared article is from crypto researcher Stacy Muur, who compiled several tokens from 2025 that showed significant price increases compared to their TGE prices and analyzed what advantages/conditions these projects possessed. In contrast, the previous article presented a statistical result based on data, while this article focuses more on the projects themselves. In summary: In today's overly homogeneous and expanding crypto market, project tokens need to meet multiple conditions to survive/succeed in the market. Odaily Planet Daily has compiled it as follows:

If you've been keen on trading tokens that TGE'd in 2025, the results so far are clear: tokens are hot in the first week after launch, then gradually cool down, and finally, it's tacitly accepted that "the issuance price is the peak." Most newly launched tokens perform poorly, or even plummet, as the market always treats tokenomics and liquidity as fundamentals.

Despite this, a few tokens in 2025 maintained price increases relative to their TGE, not in the sense of "rebounding after a price crash" or "buying at the market bottom," but in a way that indicates genuine buying support.

Here are the truly rising tokens from 2025 TGE that I've compiled: ASTER, FOLKS, AVICI, and SENTIS (there are also some "barely passing" tokens like IRYS/FHE/CORN). They don't look exactly the same, but they all share certain characteristics.

The Best Rising Tokens from 2025 TGE

Aster is a typical example. ASTER got everything the project needed on its first day: major exchange listing, deep liquidity, and the widely accepted "Perp DEX" narrative. The story circulating throughout the year was basically: "Binance-backed Perp DEX with privacy features."

ASTER's price action was controversial (you could call it ZK-related, CZ shadow gaming, or simply better execution strategy). But nonetheless, it was one of the few projects that didn't experience an "immediate sell-off" at TGE.

FOLKS is different: it's a lending token, seen as Alpha in "such a garbage year." The formula: "Binance and Kraken showed support from day one, cross-chain pools kept growing, no obvious massive unlock." The last point is very important. It performed well until the token unlock on December 15th.

AVICI is different from the first two. AVICI is on this list not because it has the most cutting-edge technology, but because it provided the clearest narrative for CT: "Fair launch, truly usable product." It emphasized not tokenomics but usage: "decent neobank app, Visa card, real spending." In a market flooded with endogenous "utility," AVICI was refreshing, both thinking outside the box and being practical. AVICI might be one of the best TGE tokens of the year.

When Tokens Rise for a Reason, Their Prices Tend to Be More Stable

Looking now, the token with the strongest performance post-TGE is SENTIS. Its support points are simple and clear: AI Agent narrative + continuous incentive distribution + exchange listing. In CT, the dominant framework remains consistent: "AI Agent is the next DeFi automation layer," providing traders with a simple mental model as an anchor.

Mechanically, SENTIS doesn't rely on a one-time listing pump. The token's continuous distribution mechanism (tasks/retrodrop/participation rewards) maintains a steady level of user participation, which often translates into sustained spot demand as participants prepare for future distributions and ecosystem milestones. This dynamic can support the price even before more meaningful on-chain adoption appears.

"Barely Passing" Tokens

IRYS and FHE belong to the "AI infrastructure and private transactions" field: both benefited from the AI boom, stayed above their initial ranges, and both maintained sufficient liquidity to avoid a price crash. If these projects can translate their narratives into on-chain usage, they can survive. Relying solely on narrative support is not enough.

Then there's CORN. CORN isn't very volatile and is relatively stable compared to its peers, but CORN is more of a "structured product." In 2025, that's not a bad thing. When the market "punishes" overdevelopment, survivability becomes important.

What Characteristics Do the Well-Performing Tokens of 2025 Share?

Stripping away the narratives and vibes, some clear structural patterns emerge:

1. Token distribution is more important than hype

The strongest performing projects avoided large internal liquidity at TGE. AVICI (0% team allocation), SENTIS (activity-based emissions).

Lesson: At project launch, who holds the tokens is more important than who invested privately.

2. Reasonable launch valuation beats perfect token launch timing

Many of the best-performing tokens didn't launch at the peak of market hype, but at reasonable valuations, allowing the market to re-rate them upwards.

AVICI launched a working product with an FDV of around $3.5 million, offering asymmetric upside relative to FDV.

Lesson: Tokens that "grow into" their valuation perform better than those that start overvalued.

3. Project usage (or credible near-term usage) is reflected in the price

Aster's Perp trading volume, Folks' lending scale, Avici's credit card spending—these aren't just whitepaper promises but observable signals.

Sentis started early but also linked token emissions to on-chain activity, creating a feedback loop between usage and price.

Lesson: The market is now impatient. Utility > Vision.

4. Unlock structure > Unlock size

Linear and transparent token unlocks matter, as their dilution effect is digested by the market. For example, SENTIS releases tokens gradually through participation mechanisms.

Elsewhere, what destroys user confidence isn't dilution itself, but risky cliff unlocks.

Lesson: Predictable token unlocks are bearable; unexpected ones are not.

5. Exchange listing is necessary, but not sufficient

Almost every token had decent exchange access, but this alone doesn't determine anything. Listings amplify results: they help strong tokens accelerate upward, while weak tokens get sold off faster. AVICI's token performance wasn't that bad even without a Binance listing.

Lesson: Exchange liquidity is an accelerator, not a foundation.

Key Takeaways

Overall, the situation for 2025 TGE tokens marks a shift.

The market no longer rewards "potential" but instead rewards "structure":

- Healthy circulating supply

>- Fair token distribution

>- Reliable adoption

>- Controlled unlock mechanisms

The "rising tokens" of 2025 aren't perfect projects; they were just built to survive their launch. If 2024 was about narrative, then 2025 is about token design under pressure. And this is a lesson most projects haven't yet learned during their TGE.

Twitter:https://twitter.com/BitpushNewsCN

Bitpush TG Discussion Group:https://t.me/BitPushCommunity

Bitpush TG Subscription: https://t.me/bitpush

Original link:https://www.bitpush.news/articles/7599438

Preguntas relacionadas

QAccording to the article, what are the key characteristics of tokens that maintained a price increase after TGE in 2025?

AThe key characteristics are: healthy token distribution, fair token allocation, verifiable adoption or credible near-term usage, controlled and transparent unlock mechanisms, and reasonable initial valuations that allow for market re-rating.

QWhich token was cited as a prime example of a successful TGE due to its 'Perp DEX' narrative and exchange support?

AASTER was cited as the prime example, benefiting from the 'Binance-backed Perp DEX' narrative with privacy features.

QWhat was the unique approach of the AVICI token that contributed to its post-TGE success?

AAVICI's unique approach was a fair launch (0% team allocation), a focus on a real, usable product (a functional neobank app with a Visa card for real spending), and a low initial FDV that created asymmetric upside potential.

QHow did the token distribution model of SENTIS help support its price stability?

ASENTIS used a continuous distribution mechanism tied to on-chain activities (tasks, retrodrops, participation rewards), which created steady user engagement and translated into consistent spot demand in anticipation of future allocations.

QWhat is the main shift in the market's focus for evaluating new tokens in 2025, as described in the article's conclusion?

AThe market shifted from rewarding 'potential' and narrative' to rewarding 'structure,' which includes healthy circulation, fair distribution, reliable adoption, and controlled unlock mechanisms.

Lecturas Relacionadas

South Korean Exchanges 'Battle' Regulators, Challenging the Boundaries of Enforcement and Legislation

South Korea's cryptocurrency industry is engaged in a rare, direct confrontation with regulators. The Financial Intelligence Unit (FIU), the primary anti-money laundering (AML) watchdog, has recently imposed heavy penalties on major exchanges like Upbit and Bithumb for alleged violations involving unregistered overseas VASPs and AML procedures. However, exchanges are now actively challenging these actions in court and through industry associations. In a significant shift, the Seoul Administrative Court ruled in favor of Upbit's operator, Dunamu, overturning part of an FIU-ordered business suspension. The court found the FIU's penalty criteria and justification insufficiently clear. Similarly, the court suspended the enforcement of a six-month business suspension against Bithumb pending a final ruling, citing potential irreversible harm to the exchange. Beyond legal battles, the industry is contesting proposed legislative amendments. The Digital Asset eXchange Alliance (DAXA) strongly opposes a draft rule that would mandate Suspicious Transaction Reports (STRs) for all crypto transfers over 10 million KRW (~$6,800). DAXA argues this "poison pill" clause violates legal principles and would overwhelm the STR system, increasing reports from 63,000 to an estimated 5.45 million annually for major exchanges, thereby crippling effective AML monitoring. This conflict highlights a structural tension in South Korea's crypto governance: comprehensive digital asset laws are still developing, while regulators rely heavily on AML enforcement. The industry's move from passive compliance to active legal and legislative challenges signifies a new phase, pressing for clearer rules and more proportionate enforcement. While short-term disputes may intensify, this clash could ultimately lead to a more mature and sustainable regulatory framework for South Korea's vibrant crypto market.

marsbitHace 47 min(s)

South Korean Exchanges 'Battle' Regulators, Challenging the Boundaries of Enforcement and Legislation

marsbitHace 47 min(s)

Earnings Report, CLARITY Bill, and Warsh's Arrival: CRCL Faces Three Major Tests This Week

Circle (CRCL) faces three major tests this week that will significantly impact its stock price and valuation. First, on May 11, it will release its Q1 2026 earnings. Key metrics to watch are overall revenue and EPS, the proportion of revenue paid to distributors like Coinbase, and growth in non-interest income. The market also awaits Circle's stance on renegotiating its revenue-sharing contract with Coinbase, which expires in August. Second, on May 14, the U.S. Senate Banking Committee will vote on the CLARITY Act. This bill aims to establish a clear federal regulatory framework for digital assets. A recent compromise proposal would ban yield on static stablecoin reserves but allow rewards for active ones. Its passage, currently seen as likely by prediction markets, would be a major positive for the industry and Circle. Finally, on May 15, Kevin Warsh will succeed Jerome Powell as Federal Reserve Chair. Warsh's proposed policy of quantitative tightening combined with interest rate cuts could pose a short-term headwind for CRCL, as lower rates reduce Circle's primary revenue from USDC reserves. However, long-term prospects may improve as Warsh, a known crypto investor who opposes a Fed CBDC, is seen as potentially favorable to regulated private stablecoins like USDC.

marsbitHace 53 min(s)

Earnings Report, CLARITY Bill, and Warsh's Arrival: CRCL Faces Three Major Tests This Week

marsbitHace 53 min(s)

After 50x Storage Surge, Justin Sun Always Looks to the Next Decade

Sun Yuchen, known for his controversial stunts like a $30 million lunch with Warren Buffett (canceled due to a kidney stone) and eating a $6.2 million duct-taped banana, is often overshadowed by a significant fact: his decade-long track record of spotting major investment trends. In 2016, he famously advised young people to invest in Bitcoin, Nvidia, Tesla, and Tencent instead of buying property. A hypothetical $20,000 investment in Nvidia and Tesla from that list would now be worth over 50 million RMB. His latest major call was on November 6, 2025, predicting a "50x storage opportunity" tied to the AI boom, which materialized with Sandisk's stock surging nearly 50-fold by 2026. Looking ahead, Sun now focuses on the next frontier: Physical AI. He identifies four key areas: 1. **Embodied AI/Robotics**: He sees this reaching its "iPhone moment," with companies like UBTech and Galaxy General leading in commercialization. 2. **Drones**: Viewed as the first commercially viable form of Physical AI, revolutionizing sectors from warfare (e.g., AeroVironment's Switchblade) to logistics. 3. **Spatial Computing**: Beyond VR, it's about AI understanding physical space, a foundational technology for robotics and autonomous systems, exemplified by Apple's Vision Pro. 4. **Space Exploration**: After a 2025 suborbital flight with Blue Origin, Sun advocates for space as the ultimate frontier, discussing blockchain's potential role in space asset management and data transactions. His investment philosophy involves betting on entire, inevitable trends rather than single companies. For robotics, he sees Tesla (the body/manufacturer) and Nvidia (the brain/AI platform) as complementary plays. In defense drones, he highlights companies making tanks obsolete (AeroVironment) and those augmenting fighter jets (Kratos). For space, he participated in Blue Origin's flight and anticipates SpaceX's potential IPO to redefine the sector's valuation. Sun Yuchen's vision frames the next two decades not as a revolution in information flow (like the internet), but in the fundamental operation of the physical world through AI-powered robots, autonomous systems, and spatial intelligence, ultimately extending human and AI activity into space. While many still focus on conventional assets, he continues to look toward the next technological horizon.

marsbitHace 1 hora(s)

After 50x Storage Surge, Justin Sun Always Looks to the Next Decade

marsbitHace 1 hora(s)

The Billionaires Behind the Most Expensive Midterm Election in History

"The Most Expensive Midterm Elections and Their Billionaire Backers" This analysis details the unprecedented scale of spending in the 2026 midterm elections, highlighting the key billionaire donors shaping the political landscape. Jeff Yass, founder of Susquehanna International Group, has contributed over $81 million, ranking third among individual donors behind George Soros ($102.6M) and Elon Musk ($84.8M). Yass is a major donor to Trump's MAGA Inc. and supports school choice and various candidates. Overall, federal committees have raised over $4.7 billion this cycle, with political ad spending projected to reach $10.8 billion. Republican-aligned groups are significantly out-raising their Democratic counterparts. "Dark money" from undisclosed sources continues to grow. The core stakes involve control of Congress and policy direction for Trump's final term. Donors are also motivated by specific issues: Sergey Brin and Chris Larsen are funding opposition to a proposed California wealth tax and supporting crypto-friendly policies. Other top donors include OpenAI's Greg Brockman and his wife Anna ($50M total to MAGA Inc. and an AI-focused PAC), Richard Uihlein ($45.3M to conservative causes), venture capitalists Marc Andreessen and Ben Horowitz (each over $44M to crypto/AI PACs and MAGA Inc.), Miriam Adelson ($42.6M to GOP leadership PACs), Paul Singer ($33.9M), and Diane Hendricks ($25.8M to MAGA Inc.). The article notes that the peak fundraising period is still ahead, with major primaries approaching.

marsbitHace 1 hora(s)

The Billionaires Behind the Most Expensive Midterm Election in History

marsbitHace 1 hora(s)

The Largest IPO in History Is Approaching, Surpassing SpaceX, 28 Years of AI Self-Iteration, Countdown to Intelligence Explosion

"Anthropic Nears Trillion-Dollar IPO, Fueled by Explosive Growth and 2028 'Intelligence Explosion' Warning Anthropic is considering a deal valuing the AI company near $1 trillion, potentially leading to one of the largest IPOs ever and surpassing SpaceX. Its revenue has skyrocketed, with Annual Recurring Revenue (ARR) reaching $45 billion in May 2026—a 500% increase in just five months. This vertical growth curve is attributed to its key products, Claude Code and Cowork, dominating AI coding and enterprise collaboration. Beyond commercial success, co-founder Jack Clark issued a pivotal warning in an interview: there is a greater than 50% chance that by the end of 2028, AI systems will achieve recursive self-improvement—the ability to autonomously build a 'better version' of themselves, initiating an 'intelligence explosion.' This prophecy underpins the company's astronomical valuation, as the market prices in the potential for transformative and disruptive AI. Further signaling its ambition, Anthropic formed a $1.5 billion joint venture with Goldman Sachs and Blackstone, aiming to disrupt traditional consulting firms like McKinsey by deploying Claude AI for complex strategic work. This move tests AI's capacity to replace high-level cognitive labor, a precursor to its predicted autonomous evolution. The narrative presents a dual future: unprecedented economic opportunity alongside significant risks like economic restructuring and security threats. Anthropic's meteoric rise and Clark's 2028 prediction frame the coming years as a countdown to a potential technological singularity."

marsbitHace 1 hora(s)

The Largest IPO in History Is Approaching, Surpassing SpaceX, 28 Years of AI Self-Iteration, Countdown to Intelligence Explosion

marsbitHace 1 hora(s)

Trading

Spot

Futuros