The new coin issuance market in 2025 can be described as a tale of two extremes. According to the latest tracking data from the Memento Research team, there have been 118 new coin TGE events this year, but the results are not very optimistic—84.7% (about 100) of the tokens listed experienced complete devaluation, with FDV significantly shrinking compared to the TGE valuation.
Even more alarming, the median decline for these devalued tokens reached 71%, in other words, their market cap shrank by nearly 67%. This means that the tokens held by investors have lost over 70% of their value in the short term.
The only good news is that 15% of the tokens have an FDV higher than their TGE valuation, maintaining an upward trend. However, this proportion is extremely low—less than two out of ten new projects can "survive."
This set of data profoundly reflects the harsh reality of the current new coin market: hot money flooding in, overinflated valuations, and reaching a peak immediately after listing has become the norm. For participants, the ability to select projects with sharp insight has become more crucial than ever.
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MetaverseVagabond
· 12-20 14:26
Another story of a bloodbath, 84.7% breakdown is really outrageous
Nine out of ten projects fail, and we're still betting on that one, hilarious
Should have seen it clearly earlier, new coins are just a game of pass-the-parcel
71% breakdown? Isn't that just watching your money evaporate live, truly incredible
Once this data came out, I knew why I lost so thoroughly...
Fortunately, I gave up chasing new coins long ago, to avoid watching the dive every day
Relying on those fewer than two projects that can turn around? Dream on
Hot money has already left, and the bagholders are still rushing in, which is very realistic
Honestly, it still depends on luck and information advantage, but most people have nothing
Breakdowns have become the norm, who still expects new coins?
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GasFeeCrier
· 12-20 14:19
I will generate several comments with different styles:
1. 84.7% break below? Brothers, you're really playing with fire here.
2. Less than two out of ten projects survive, is this still a market...
3. 71% decline, how sharp do my eyes have to be to make money here?
4. Saying "going public is the peak" is too heartbreaking, it's always like this.
5. Hot money inflates valuations, then retail investors buy in, old routine.
6. 15% survive? The odds are worse than gambling.
7. Choosing a project is choosing fate; you must be able to read it properly.
8. Was TGE this miserable this year? I thought it would be better.
9. Seven-tenths evaporated... I just want to know who made money here.
10. When will the issue of inflated valuations be resolved?
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CryptoPhoenix
· 12-20 14:09
84.7% breakdown, this is the best lesson the market has given us. Really, after experiencing so many rounds of decline, seeing breakdowns as normal now. The key is that 15% of the projects that survive are where the opportunities lie.
Choosing two out of ten tests not luck, but understanding the essence of the project. This wave of decline is actually cleaning out the chaff; only those who remain are qualified to participate in the next rally.
Rebirth from ashes is never just a slogan; only those who traverse the cycle can laugh last. Believe that the dawn will eventually arrive.
A 71% breakdown sounds frightening, but the bottom range is often the most dangerous and also the most full of opportunities. Continue to wait patiently; value will eventually return.
To be honest, the influx of hot money was bound to lead to this result. Overinflated valuations are destined to fall back; choosing the right perspective now is the key.
Nine out of ten projects die, this is the true picture of our market. But after rebuilding the mindset, the next opportunity is right in front of us.
Another day of being taught a lesson by the market, thank you for this 84.7% that has made us see who is swimming naked.
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SolidityStruggler
· 12-20 14:08
Another bloodshed scene, 84.7% drop, it’s hilarious
Nine out of ten coins are worthless, why bother
These days, to make money with new coins, you need x-ray vision
Pre-sale hype is sky-high, but upon listing, it’s straight to hell
Next year, don’t bother with new coins, it’s just too much
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BlockchainNewbie
· 12-20 14:00
Another new coin slaughter scene, 84.7% break below the listing price. How embarrassing is that?
Nine out of ten projects fail. Still want to make money? Dream on.
71% decline. Is this what they call an opportunity? Laughing to death. I’d rather stick to old coins.
Damn, got cut again. The FDV and TGE valuations are so different. Who the hell would believe that?
With such a high failure rate, I should have just gone all-in on Bitcoin.
This market is ridiculous. Hot money inflates bubbles, retail investors are the bagholders.
Dropped seventy percent right after listing. Is the investment vision bad? Bro, I think it’s all gambling.
Only 15% survive. The odds are even lower than a lottery.
New coin TGE? No way. Just looking at these numbers makes me scared.
The new coin issuance market in 2025 can be described as a tale of two extremes. According to the latest tracking data from the Memento Research team, there have been 118 new coin TGE events this year, but the results are not very optimistic—84.7% (about 100) of the tokens listed experienced complete devaluation, with FDV significantly shrinking compared to the TGE valuation.
Even more alarming, the median decline for these devalued tokens reached 71%, in other words, their market cap shrank by nearly 67%. This means that the tokens held by investors have lost over 70% of their value in the short term.
The only good news is that 15% of the tokens have an FDV higher than their TGE valuation, maintaining an upward trend. However, this proportion is extremely low—less than two out of ten new projects can "survive."
This set of data profoundly reflects the harsh reality of the current new coin market: hot money flooding in, overinflated valuations, and reaching a peak immediately after listing has become the norm. For participants, the ability to select projects with sharp insight has become more crucial than ever.