90% of new CEX altcoin listings fall below initial price within a year

A staggering 90% of altcoins newly listed on major centralized exchanges (CEX) have dropped below their initial listing price within one year, BeInCrypto reported. According to a CoinGecko report, only 32% of altcoins newly listed on the top 12 CEXs saw their prices rise immediately after their debut. Over time, the proportion of tokens trading in profitable territory decreased across all exchanges. On the South Korean exchange Upbit, for instance, 67% of new tokens maintained an upward trend after 30 days, but after 300 days, every single altcoin was trading below its listing price. The outlet suggested this indicates that initial price surges are often temporary spikes driven by hype and limited circulation, rather than by sustainable demand.