Research Shows Most Airdrops Fail

[cryptohog]

Industry-wide data confirms Didi’s observations. Memento Research analyzed 118 token generation events (TGEs) in 2025 and discovered that 84.7% of launched tokens are trading below their initial TGE price.

About 65% lost roughly half their value, and more than half are down 70% or more. Projects starting with high valuations—over $1 billion FDV—performed worst, with almost none holding value. The pattern is clear: lower-valuation projects tend to survive better, while high-priced launches are rapidly repriced to the floor.

[madtrader]

TGE hype looks great on launch day and terrible a few weeks later