X @Wu Blockchain

According to Ash from the Memento Research, new token TGEs in 2025 have been a “bloodbath.” Among 118 TGEs tracked this year, 84.7% (100 / 118) of tokens have an FDV below their TGE valuation, meaning roughly four-fifths of tokens have failed post-launch; the median FDV has fallen 71% since TGE (or market cap down 67%); only 15% of tokens have an FDV above their TGE valuation. https://t.co/ytlpUaQspg ...