2024 Tokens Drop Below TGE Price as KOSPI Surges 10%
2026-07-22 13:30

Woofun AI data shows that only 7.1% of tokens launched in 2024 with a market cap exceeding $100 million remain profitable, with most falling below their TGE price.

Meanwhile, South Korea's KOSPI index has risen nearly 10% over the past two days, with institutions indicating that approximately 75% of leveraged ETF deleveraging is complete.

US lawmakers have requested an SEC investigation into Truth API for potential federal securities law violations.

Additionally, Democratic Senator Angela Alsobrooks opposes ethical provisions in the White House's proposed Clarity Act, while Bernstein raised Robinhood's price target to $160, predicting Q2 prediction market revenue could surpass crypto revenue.

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Tags:
Angela Alsobrooks
Altman
Truth API
OpenAI
Robinhood
Bernstein
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