Only 8 Altcoins Launched Since 2024 are Profitable
Almost each large altcoin launched since 2024 has misplaced cash for launch-day consumers. CryptoRank knowledge from July 21 exhibits simply 8 of 113 nonetheless commerce above their token technology occasion (TGE) worth.
The rely covers solely tokens with market caps above $100 million in the present day. Even in that choose group, the median return since launch stands at -95.7%.
Why Most Altcoins Launched Since 2024 Fell Below TGE Price
The report builds on a warning from December. Back then, analysis agency Memento Research discovered 84.7% of 2025 launches, 100 of 118 tokens, under their itemizing worth. Median challenge valuations in that analysis had collapsed 71% from launch.
The market has not helped since. CryptoRank’s second-quarter recap exhibits 82.1% of the highest 100 property fell in June. Every main token class it tracks additionally posted median losses.
The numbers disguise an excellent darker image. The listing counts solely tokens nonetheless value over $100 million. Thousands of smaller launches failed and by no means made the lower.
So why do new tokens maintain sinking? Two causes stand out. Many launched at inflated costs, and scheduled token unlocks then stored including provide that consumers didn’t need.
Worldcoin (WLD) exhibits how far the autumn can go. One of 2024’s most hyped launches now sits down 97% from peak, even with a Grayscale ETF submitting pending.
Hyperliquid Leads the Few Survivors Still in Profit
Hyperliquid (HYPE) tops the winners with a 1,519% achieve since its November 2024 airdrop. The token now trades near $61.52 with a $13.7 billion market cap. That makes it the tenth-largest cryptocurrency.
HYPE’s edge is straightforward. Its perpetuals trade earns actual charges, and that income funds token buybacks. Spot HYPE ETFs additionally started buying and selling in May. Still, the token sits about 20% under its June document of $76.70.
Ondo (ONDO) comes second at 101.4% above its launch worth, lifted by demand for tokenized US Treasuries. Yet ONDO stays 81% under its December 2024 peak of $2.14. Being in revenue can nonetheless disguise a deep crash.
EverValue Coin (EVA), an Arbitrum token with growing Bitcoin backing, gained 20.3%. Midnight Network (NIGHT), a privateness chain tied to Cardano, added 16.5%. CryptoRank didn’t identify the opposite 4 winners.
The lesson is blunt. Hype fades, however unlock schedules don’t. The few survivors earn charges, resolve actual issues, or maintain arduous property. The subsequent wave of launches will present whether or not anybody was paying consideration.
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