85% of 2025 token launches now trade below TGE price
February 17, 2026 · 4:25 PM

Crypto markets in 2026 look ugly for new tokens. About 85% of token launches in 2025 now trade below their TGE price, according to a chart from Galaxy Research lays it out clearly. Having a “Top VC” on the cap table used to spark rallies. That boost is fading fast. Back in Q2 2022, crypto […]
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