CryptoRank found only 8 of 113 tokens launched since 2024 and valued above $100 million as of July 21 remained above their token generation event prices, with a median return of -95.7%.
Nearly every high-value cryptocurrency launched since 2024 is now trading below its launch price, according to CryptoRank. The analytics firm said that among 113 tokens with market capitalizations above $100 million as of July 21, only eight, or 7.1%, remained above their token generation event, or TGE, price, while 105 were below launch levels and the median return was -95.7%. Hyperliquid’s $HYPE led the profitable group with a 1,519% gain from launch price, followed by Ondo Finance’s $ONDO at 101.4%, EverValue Coin (EVA) at 20.3%, and Midnight Network’s $NIGHT at 16.5%. CryptoRank said the pattern reflects weak post-listing performance among newer token cohorts, citing sell-offs, thin liquidity, regulatory uncertainty, and pressure from token unlocks as factors that can weigh on aftermarket support.