85% of tokens for the year 2025 are already below the listing price 📉
In 2022, venture capital was fueling almost everything. Funds were entering and the price was skyrocketing. Now this effect is almost gone. Most new tokens are trading below their starting price.
🚨 What has changed?
Money has become more cautious, liquidity is distributed more selectively, and the market no longer forgives weak models without utility. Easy multiples have become noticeably fewer, and along with them, the illusions of quick profits from everything have disappeared.
📊 What does this mean?
Such phases historically become a time of selection. When most exit the market, accumulation begins.