New Altcoins Entering the Market Are Raising Alarm Bells: Most of Those Released This Year Have Hit Rock Bottom, Here Are the Data

According to data shared by Ash of Memento Research, altcoin token launches (TGEs) in 2025 have turned into a veritable bloodbath for investors.

Of the 118 token launches tracked so far this year, 84.7% are trading at a lower FDV (Fully Diluted Market Value) today compared to their valuation on the TGE day.

This means that approximately 4 out of every 5 token launches experience poor price performance after their release. According to the data, the median token has seen a 71% decrease in FDV (Full Value Added Tax) and a 67% decrease in market capitalization since its launch. Only 15% of tokens have managed to maintain a price above TGE.

The data clearly reveals the extent of the decline. Many projects have experienced FDV losses of over 90% after launch.

• Syndicate (SYND): While its initial FDV was $940 million, its current FDV has fallen to approximately $59.8 million, representing a decrease of -93.6%.
• Projects launched with high expectations, such as Animecoin (ANIME) and Berachain (BERA), also saw a value drop of around -93%.
• Projects such as Bio Protocol, Xterio, Lit Protocol, Yala, and Towns all recorded FDV decreases ranging from -91% to -93%.

Even some projects lower down on the list show no change in the situation. Relatively higher-volume tokens like SuperVerse, Sahara AI, Holoworld, OG, and Newton Protocol have all experienced FDV losses of between -80% and -85%.

Data shows that projects, especially those launched with high initial FDVs, are experiencing sharp corrections due to insufficient liquidity and demand. Many tokens that traded with FDVs approaching or exceeding a billion dollars at launch are now only able to retain a fraction of that value.

According to the research, this situation points to structural problems in token economy design, supply planning, and market timing. Rapid decline in investor interest after launch, high unlock expectations, and weak secondary market demand are cited as the main reasons for the declines.

*This is not investment advice.

Source