Analysis: In the 2025 token TGE, performance was poor, with 84.7% of projects falling below their initial valuation.

MarsBitNews · 2025-12-21T00:05:39+00:00

According to Memento Research data, the 2025 token issuance market performed poorly, with 84.7% of projects valued below their issuance, the median FDV of tokens decreased by 71%, and only 15% of projects achieved positive returns, indicating weakened investment opportunities.

MarsBitNews

2025-12-21 00:05:39

Abstract generation in progress

Mars Finance News, according to data released by Ash from the Memento Research team on social media, the token issuance market in the 2025 era is performing poorly. By tracking the TGE (Token Generation Event) status of 118 tokens, it was found that 84.7% (100/118) of projects currently have a fully diluted valuation (FDV) below their initial offering valuation, meaning about four-fifths of the projects are below their initial launch valuation. Data shows that the median FDV of tokens has decreased by 71% since issuance, and market capitalization has dropped by 67%. Only 15% of projects have achieved positive returns compared to their TGE period. The analyst believes that TGE is no longer an early investment opportunity.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.