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Data: 84.7% of 118 TGEs This Year Face Price Decline, Only 15% Rise

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On-chain data reveals that 84.7% of 118 TGEs tracked in 2025 have seen their FDVs fall below launch levels. Price analysis shows a median drop of 71% in FDV and 67% in market cap. Only 15% of tokens remain above their TGE valuations, according to Ash Liew of Memento Research and Signum Capital.
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