{"id":52211,"date":"2025-10-10T15:31:54","date_gmt":"2025-10-10T15:31:54","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=52211"},"modified":"2025-10-10T15:31:54","modified_gmt":"2025-10-10T15:31:54","slug":"hyped-token-launches-fall-flat-as-tge-loses-mojo-ahead-of-airdrop-season","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=52211","title":{"rendered":"Hyped Token Launches Fall Flat as TGE Loses Mojo Ahead of Airdrop Season"},"content":{"rendered":"<div>\n<p>Several recent token launches have seen dramatic drawdowns, bringing to token generation event (TGE) meta into question ahead a number of high profile airdrops.<\/p>\n<p>CAMP, the native token of an AI-focused layer 1 blockchain, is now down by 88% since it was introduced last month, while DoubleZero&#8217;s 2Z has lost 60% of its value in just eight days.<\/p>\n<p>There were also notable losses for Anoma&#8217;s XAN, down by 60% in a week. XPL, arguably one of the most hyped projects of the year, slumped below its TGE price on Friday amid a wave of negative sentiment around alleged founding team token sale, a claim the company&#8217;s founder <a href=\"https:\/\/x.com\/pauliepunt\/status\/1973495918709391529\">refuted<\/a>.<\/p>\n<p>The price action is a stark contrast to last year when projects like HYPE debuted at $6.00 and rose by 400% in the subsequent month.<\/p>\n<h2>Why are new tokens failing to impress?<\/h2>\n<p>There are several catalysts behind the abject performance of newly-launched tokens; one of which is simply over-farming the hype pre-launch, this means that when a token eventually comes out, users are generally happy to get a return on their investment as opposed to doubling down. <\/p>\n<p>Another reason is tokenomics, XPL&#8217;s plight has been attributed to $813 million worth of<a href=\"https:\/\/x.com\/VarrockBank\/status\/1973267698030354875\"> &#8220;ecosystem and growth&#8221;<\/a> tokens that were allegedly sold via market makers, causing pressure on the price and outweighing retail investor demand.<\/p>\n<h2>Airdrop season doomed to fail?<\/h2>\n<p>Over the coming months crypto users are due to receive airdrops from MetaMask, OpenSea and Monad. <\/p>\n<p>These projects are massive in their respective fields; MetaMask is the most commonly used crypto wallet used by millions, while OpenSea transitioned from being the largest non-fungible token (NFT) exchange to becoming an onchain trading platform, and Monad is a hyped layer 1 blockchain that will <a href=\"https:\/\/www.coindesk.com\/business\/2025\/10\/09\/monad-confirms-airdrop-timing-but-allocation-details-remain-under-wraps\">airdrop its token next wee<\/a>k.<\/p>\n<p>But if 2025&#8217;s new token performance is to repeat itself, these respective juggernauts might struggle to maintain a healthy level of demand that outweighs supply, especially in the case of a project like OpenSea where users who spent hundreds of thousands of dollars in fees in 2021 are waiting for a slither back before presumably cashing out.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Several recent token launches have seen dramatic drawdowns, bringing to token generation event (TGE) meta into question ahead a number of high profile airdrops. CAMP, the native token of an AI-focused layer 1 blockchain, is now down by 88% since it was introduced last month, while DoubleZero&#8217;s 2Z has lost 60% of its value in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-52211","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/52211","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=52211"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/52211\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=52211"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=52211"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=52211"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}