Only 7.1% of $100M+ Tokens Launched in 2024 Trading Above TGE Price

HYPE-6.51%
ONDO0.29%
NIGHT17.42%
According to CryptoRank, only 7.1% of tokens launched in 2024 with market capitalization exceeding $100 million remain profitable, with only 8 of 113 projects trading above their token generation event (TGE) price as of July 22. The remaining 105 tokens have fallen below their initial offering prices. The best-performing projects include HYPE, up approximately 1,519% since TGE, and ONDO, up 101.4%, while EVA and NIGHT gained 20.3% and 16.5% respectively. The data shows that newly launched tokens face significant difficulty maintaining initial valuations, with sustained strength beyond TGE being rare.
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