Most New Crypto Listings Posted Losses, With Median Return at -82%, Delphi Consulting Finds

Only 12% of 652 newly listed cryptocurrencies on five major exchanges delivered profits, according to an analysis by Delphi Consulting. According to NS3.AI, the study reported a median return of -82% for these newly listed assets. Delphi Consulting linked the weak performance of new listings to exchanges shifting their focus toward stock tokens.