Crypto Funds Struggle in 2026 as Majority of 2025 Token Launches Underperform

Crypto liquid and hedge funds are experiencing challenging market conditions in 2026. According to NS3.AI, Amir Hajian noted that approximately 85% of the 118 token launches tracked from 2025 are currently trading below their initial prices. Several investors have indicated that stronger performance has been linked to selective token exposure and solid fundamentals, rather than broad market exposure. Most sources agree that a significant altcoin rally is improbable without a substantial return of retail investors.