Cena TownsTOWNS

$TOWNS is printing a classic late-downtrend structure where selling pressure is clearly exhausting. After a brutal multi-month selloff, price has compressed into a tight base near the lows. Candles are getting smaller and volatility is drying up, showing that forced sellers are mostly out. This area is acting as a demand pocket. Each push lower is being absorbed instead of expanding, which often signals a shift from distribution to stabilization. If price holds this base, the chart opens room for a mean-reversion move. Above current levels, resistance is thin, meaning any momentum pickup can travel fast. A clean reclaim and sustained hold would favor a sharp relief rally. Failure to hold this range invalidates the setup and brings continuation risk back into play. This is a patience trade — quiet structure first, expansion later.

$TOWNS is in a clear intraday downtrend after failing to hold above the 0.00610–0.00615 area. Sellers stepped in aggressively, and price has been making lower highs followed by strong impulsive sell candles, showing weakness remains intact. The small bounce attempts are shallow and corrective, with price unable to reclaim previous breakdown levels. As long as $TOWNS stays below the 0.00600–0.00603 zone, sellers have the upper hand and continuation to the downside remains the cleaner scalp play. 📌 When would the trend change? Only if price reclaims and holds above 0.00608 with strong momentum. Below that, upside is limited.

$TOWNS TOWNS pushed nicely from the $0.0059 base and topped near $0.00616 before pulling back, and I’m seeing this move as a healthy cooldown rather than weakness. Price is now hovering around $0.00605, right near the short-term moving averages on the 15m chart, which tells me buyers are still active and defending structure. As long as TOWNS holds above the $0.0060 zone, the bullish setup stays valid and another attempt toward $0.00615–$0.00648 can come quickly. A clean loss below this level would slow the momentum. It feels steady, it feels controlled, and it feels like the market is deciding its next push. Let’s go and Trade now

New crypto token launches have faced major price declines in 2025, with 84.7% trading below their Token Generation Event valuations. Research by Ash from Memento Research tracked 118 TGE launches this year, finding that 100 tokens have fallen beneath their opening prices. The median token has crashed 71% in fully diluted valuation since launch, with market cap down 67%. Only 15% of 2025 token launches trade above their TGE valuations. “2025 token launches have mostly been a bloodbath,” Ash wrote on X. “This means ~4 out of 5 launches are below their opening valuation.” High-profile cryptos suffer 90%+ crashes from launch Syndicate (SYND) leads the destruction with a 93.64% decline from its $940 million starting FDV to $59.8 million. Animecoin (ANIME) fell 93.59% from $870 million to $55.7 million. Berachain (BERA) dropped 93.17% from $4.46 billion to $305 million. 2025 token launches have mostly been a bloodbathTracked 118 TGE launches this year and compared today’s FDV vs opening:• 84.7% (100/118) are below TGE valuation • This means ~4 out of 5 launches are below their opening valuation• Median token is -71% FDV (-67% MC) from… pic.twitter.com/dtCHTvedpZ— Ash (@ahboyash) December 20, 2025 Bio Protocol (BIO) crashed 93.05% from a $2.06 billion launch to $143 million current FDV. Xterio (XTER) plummeted 92.85% from $420 million to $30 million. Lit Protocol (LITKEY) declined 92.07% from $210 million to $16.7 million. Yala (YALA) fell 91.61% from $240 million to $20.1 million. Towns (TOWNS) dropped 91.22% from $691.8 million to $60.7 million. Nillion (NIL) crashed 91.21% from $720 million to $63.3 million. Even tokens that raised from top-tier venture firms suffered double-digit percentage crashes. Mira (MIRA) fell 91.05% from $1.4 billion to $125.4 million. Venice Token (VVV) declined 90.83% from $1.23 billion to $112.4 million. The data covers both H1 and H2 2025 launches. H1 tokens include Bio Protocol, Xterio, Berachain, and Nillion. H2 tokens include Syndicate, Animecoin, Lit Protocol, Yala, and Towns. Venture-backed tokens face longest drawdowns The worst performers launched with nine and ten-figure fully diluted valuations. Falcon Finance (FF) started at $6.7 billion FDV and fell 85.83% to $949.7 million. OG launched at $4.9 billion and dropped 84.42% to $763.6 million. Plasma (XPL) began at $12.97 billion and crashed 89.93% to $1.31 billion. Anoma (XAN) fell 90.22% from $1.6 billion to $156.2 million. Plume declined 87.84% from $1.3 billion to $158 million. Lower-cap launches fared no better. Balance (EPT) dropped 90.60% from $170 million to $16 million. Tree (TREE) fell 89.34% from $670 million to $71.4 million. Camp Network (CAMP) declined 89.11% from $637 million to $69.4 million. “TGE isn’t early anymore reee,” Ash concluded, warning that buying tokens at launch no longer provides edge for retail investors.