Only 7.1% of 2024 tokens remain profitable, with most falling below their TGE price.

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HYPE
$54.900.11%
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ONDO
$0.353-1.42%
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NIGHT
$0.0185-2.16%
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According to Odaily, only 7.1% of 2024 tokens remain profitable. Of the 113 projects with a market cap exceeding $100 million, just 8 are trading above their TGE price. Price analysis reveals that 105 tokens are now below their initial offering level. Protocols such as HYPE, ONDO, EVA, and NIGHT outperformed, rising 1,519%, 101.4%, 20.3%, and 16.5% above their TGE prices, respectively. Most new tokens struggle to maintain price momentum, experiencing sustained declines after launch.

Odaily Planet Daily report: Data shows that only 7.1% of tokens launched since 2024 are currently trading at a profit. Of the 113 projects with a market capitalization exceeding $100 million, only eight tokens are trading above their TGE price, while the remaining 105 have fallen below their issuance price.

The top-performing protocols include HYPE, ONDO, EVA, and NIGHT, with price increases of approximately 1,519%, 101.4%, 20.3%, and 16.5% above their TGE prices, respectively. Data shows that maintaining initial valuations after launch is challenging; only a minority of projects remain above their issuance price post-TGE, with most experiencing sustained price corrections.

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