In 2025, the TGE tokens collectively encountered a chill, with those falling below the issue price accounting for an absolute majority.

[Coin World] According to the latest data statistics, the performance of TGE tokens in 2025 is generally unsatisfactory. Among them, 84.7% of newly issued tokens have fallen below the issuance valuation, and the phenomenon of falling below the issue price is quite common. Even more concerning is that 65% of tokens have experienced a fall exceeding 50%, with nearly two-thirds of projects trapped in deep adjustments. The most severe category, 38.1% of tokens, have even suffered a 50% Slump to 90% Slump.

It is worth noting that even among those large projects with an initial market value of 1 billion USD or more, not a single one of the 28 samples achieved positive returns, all falling into a state of loss. This set of data reflects that regardless of the size of the project, this year's TGE market is facing widespread valuation pressure and a lack of investor confidence.