2025 New Tokens Suffer 71% Losses as Market Shifts to Mature Infrastructure
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- New Token Disappointments: In 2025, 117 new tokens were launched, with 85% now trading below their issuance value, indicating a market fatigue towards high-valuation projects amid tightening liquidity and declining risk appetite.
- Extreme Loss Cases: Fifteen tokens have dropped over 90%, including Berachain and Animecoin, with total FDV shrinking from $139 billion to $54 billion, implying that approximately $87 billion in valuations has been wiped out, reflecting a severe lack of investor confidence in new tokens.
- Characteristics of Winners: A few standout tokens like Aster and Yooldo Games share traits of lower initial valuations and higher product maturity, suggesting that the market favors stable investments over high-risk speculation.
- Market Transition Signal: The capital shift towards mature crypto infrastructure marks the end of speculative cycles, indicating that future investors must focus more on valuation, timing, and fundamentals rather than merely compelling narratives.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.








