Tracking 118 Coins Launched in 2025: 85% Are Below Their Initial Valuation at Launch

深潮Published on 2025-12-22Last updated on 2025-12-22

Abstract

An analysis of 118 Token Generation Events (TGEs) that occurred in 2025 reveals a significant downturn in post-launch performance. The study compared each token's current fully diluted valuation (FDV) to its valuation at issuance. Key findings show that 84.7% (100 out of 118) of these assets are currently valued below their initial TGE price. This indicates that approximately 4 out of every 5 new tokens are trading at a lower valuation than at launch. The median token experienced a 71% decline in FDV (and a 67% drop in market cap) since its release. Only 15% of the tokens analyzed have maintained a valuation higher than at their TGE. The report concludes that participating in a TGE can no longer be considered a form of "early investment" under these market conditions.

Author:Ash

Compiled by: Deep Tide TechFlow

We tracked 118 Token Generation Events (TGEs) launched in 2025 and compared their current fully diluted valuation (FDV) with their valuation at issuance. The results are as follows:

  • 84.7% (100 out of 118) currently have a valuation lower than at TGE;

  • This means approximately 4 out of every 5 newly issued tokens are valued below their issuance level;

  • The median token's fully diluted valuation (FDV) has fallen by 71% since issuance (market cap down 67%);

  • Only 15% of tokens remained "green" (i.e., above issuance valuation) after TGE.

Nowadays, participating in a TGE can hardly be considered "early investment" anymore. How lamentable.

View the complete data via the link

Related Questions

QWhat percentage of the 118 tokens tracked from 2025 TGEs are currently valued below their initial valuation?

A84.7% (100 out of 118 tokens) are currently valued below their initial TGE valuation.

QHow does the median token's Fully Diluted Valuation (FDV) perform compared to its issuance valuation?

AThe median token's FDV has declined by 71% since its issuance.

QWhat proportion of the tracked tokens maintained a valuation higher than their initial issuance?

AOnly 15% of the tokens remained 'green' (valued above their initial issuance valuation).

QAccording to the article, what is the current perception of participating in a Token Generation Event (TGE)?

AParticipating in a TGE is no longer considered 'early investment'.

QWhat metric, besides FDV, is mentioned to have declined for the median token since issuance?

AThe market capitalization of the median token has declined by 67% since issuance.

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