GSR Study Shows Over 2,300 Token Listings Have Median Prices Falling Below Issue Price Within 3 Days, 50% Drop Within 90 Days

GSR has released a research report that compiles data on over 2,300 token listings on major exchanges since 2013. The report indicates that the median token listing price falls below the issue price within 3 days and drops by 50% within 90 days. Additionally, the data shows that tokens with high FDV and low circulation perform worse in the long term. Tokens with an issuance FDV exceeding $1 billion have a median return of -81% after one year; tokens with an initial circulation below 20% drop by about 75% after one year, while tokens with circulation between 30% and 50% decline by approximately 45% during the same period.

This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.