85% of tokens launched in 2025 are trading at a loss Crypto VC returns have been declining since 2022, the number of new funds is at a 5-year low, and total capital raised is only 12% of the 2022 peak. Most of the money being deployed now was actually raised back in 2022 The
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85% of tokens launched in 2025 are trading at a loss Crypto VC returns have been declining since 2022, the number of new funds is at a 5-year low, and total capital raised is only 12% of the 2022 peak. Most of the money being deployed now was actually raised back in 2022 The