Only 8 Altcoins Launched Since 2024 Are Still Profitable

Buying new altcoins has proven to be a tough trade over the last couple of years. Fresh data shows that out of 113 major altcoins launched since 2024 with market caps above 100 million dollars, only 8 tokens are still trading above their initial launch prices. The overall median return for this group sits at a heavy loss of 95 percent, highlighting just how brutal the market has been for early buyers.

Two main factors drive these steep drops. Many projects start with inflated valuations, and scheduled token unlocks continually flood the market with new supply that demand cannot absorb. Even heavily hyped projects like Worldcoin have suffered massive corrections, falling nearly all the way down from their peak values.

A tiny group of projects managed to beat the trend and stay in the green. Hyperliquid leads the pack with huge gains since its late 2024 airdrop, supported by a perpetuals exchange that earns real fees for token buybacks. Ondo stands in second place thanks to strong demand for tokenized treasury products, while a few other smaller gainers round out the short list of survivors.

This trend serves as a stark reminder that early hype often fades long before token unlock schedules finish. Looking ahead, traders should watch out for projects with real revenue models and steady utility rather than relying purely on initial launch excitement.