84% of Tokens Launched in 2025 Trading Below Launch Prices

• In 2025, while the crypto market boomed, tokens launched and recorded massive losses, with 84.7% trading below their launch price.

• Memecoins and DeFi-centered altcoins faced massive losses, despite the evolving crypto landscape.

The cryptocurrency market in 2025 has faced significant challenges, with a staggering 84.7% of new tokens trading below their initial launch prices.

According to the findings from Momento Research, the crypto market has faced significant losses in 2025, driven by various factors. While the crypto space boomed, Bitcoin rallied to a new all-time high, and new token launches mostly flopped.

84% of tokens launched in 2025 drop below the launch price

In a revealing analysis of 118 token generation events (TGEs) conducted by Momento Research, it was discovered that a remarkable 100 projects, or over 84% witnessed their tokens fall below launch valuations.

The median decline was a stark 71%, reflecting a harsh reality for retail investors who often enter at inflated prices compared to venture capitalists. This shift marks a significant departure from previous years, in which many tokens usually appreciated post-launch.

Key Crypto Statistics from 2025

84.7% of Tokens Below Launch Value. Of the 118 projects analyzed, the majority failed to maintain their initial prices. Median Token Drop of 71% Retail investors faced significant losses as valuations plummeted. Only 15% of Tokens Above Initial Price, thus a mere 18 tokens managed to stay above their launch values, highlighting the scarcity of successful projects.

The Harsh Reality: Why Are Most Tokens Struggling?

The downturn in 2025 can be attributed to several intertwined factors, including inflated valuations and Investor Disillusionment. Venture capital’s influence on the crypto market has been considerable.

Billions have flowed into pre-launch projects, significantly inflating valuations. In Q1 2025 alone, crypto ventures raised $4.8 billion, while in Q3 $4.59 billion was directed toward late-stage companies. This influx creates a mismatch where insiders benefit from discounted valuations, leaving retail investors to purchase at inflated prices.

Another factor is limited liquidity, as inflated entry points have reduced liquidity for new tokens. As Ash Liew, founder of Momento Research, aptly noted, “TGE isn’t early anymore,” indicating that the potential for early gains has diminished considerably.

A Closer Look at Major Crypto 2025 Failures

Specific projects exemplified the harsh realities of the market in 2025. For instance, Syndicate experienced a staggering 93.64% decline from its TGE value.

Berachain and Animecoin also saw declines of more than 93%, underscoring the volatility and risks associated with new launches.

The Role of Regulatory Scrutiny and Speculative Trends

Investor sentiment has been further impacted by evolving global regulations around digital assets. While these regulations have not directly caused price drops, they have fostered a cautious approach among investors, dampening speculative enthusiasm for new projects.

As new token issuances continue to dilute market demand, with over 200 new tokens in recent months, capital tends to flow towards established assets rather than untested ones.

This fragmentation results in sporadic rallies in niche areas such as memecoins and DeFi ecosystems, but the broader trend remains negative.

Data from Dune Analytics show that trading volumes for new tokens often peak shortly after their TGE, then decline by 50-70% within weeks. This trend highlights the fleeting nature of interest in many new launches.

Navigating the Crypto Market post 2025 launch failures

The findings from Momento Research present a sobering outlook for new crypto projects in 2025. With 84.7% of tokens trading below their launch prices, investors must conduct thorough due diligence.

For investors entering the crypto market in 2026, they should check Unlocks and Liquidity. Understanding the dynamics of token unlocks and market liquidity is vital before investing.

Equally, it’s vital to access Real Utility. Evaluate the practical applications of a token rather than succumbing to hype. As the cryptocurrency landscape continues to evolve, informed, cautious investment strategies will be essential for navigating this challenging market.