ONLY 7.1 PER CENT OF THE MORE THAN $100 MILLION IN FOREIGN CURRENCY SINCE 2024 EXCEEDED THE TGE PRICE

On 22 July, according to CryptoRank data, only 7.1 per cent of the coins that have been on line since 2024 remain profitable. Of the 113 projects with a market value of over $100 million, only 8 currency transactions had prices higher than TGE, while the remaining 105 had fallen issuance prices. Better-performing agreements include HYPE, ONDO, EVA and NIGHT, which increased by approximately 151 per cent, 101.4 per cent, 20.3 per cent and 16.5 per cent, respectively, over TGE prices. The data showed that it would be extremely difficult to maintain the initial valuation of the new online tokens, that the post-TGE strong performance was still small, and that most projects experienced a serious and sustained reversal。