We tracked 118 token generation events (TGEs) released in 2025 and compared the current fully diluted valuation (FDV) with the valuation at the time of issuance. The results are as follows:
84.7% (100 out of 118) are currently valued below the valuation at TGE;
This means that approximately 4 out of 5 newly issued tokens are valued below their issuance level.
The fully diluted valuation (FDV) of the median token has fallen by 71% since issuance (market cap down 67%);
Only 15% of the tokens remain “green” (i.e., above the issuance valuation) after the TGE.
Nowadays, participating in a TGE can no longer be considered as an “early investment”; it is truly lamentable.
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Track 118 coins issued in 2025, 85% are below the valuation at the time of issuing the coin.
Author: Ash
Compiled by: Deep Tide TechFlow
We tracked 118 token generation events (TGEs) released in 2025 and compared the current fully diluted valuation (FDV) with the valuation at the time of issuance. The results are as follows:
84.7% (100 out of 118) are currently valued below the valuation at TGE;
This means that approximately 4 out of 5 newly issued tokens are valued below their issuance level.
The fully diluted valuation (FDV) of the median token has fallen by 71% since issuance (market cap down 67%);
Only 15% of the tokens remain “green” (i.e., above the issuance valuation) after the TGE.
Nowadays, participating in a TGE can no longer be considered as an “early investment”; it is truly lamentable.
Complete data view link