Altcoin Emissions Under Scrutiny as TGE Events Shape Market Behavior
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TGEs can distort monthly altcoin emissions but affect prices based on token strength. TRUMP’s rebound above $10 shows resilience despite early bearish sentiment post-TGE. PUMP’s weak price action shows high emissions don’t always trigger lasting momentum. Altcoin supply dynamics have taken center stage in recent months, as key Token Generation Events (TGEs) play an outsized role in shaping monthly emissions. According to Tokenomist data, from February through June, emissions across the altcoin market averaged between $3 to $5 billion monthly, roughly 1% of the total altcoin market capitalization. However, isolated events like TGEs from high-profile tokens have triggered sharp deviations from this trend, underscoring their importance in understanding both price behavior and broader market sentiment. In January, the launch of the TRUMP token made waves, contributing close to 3% of total altcoin market cap that month. This spike represented almost one-third of January’s emissions. The sudden increase in supply coincided with a shift in sentiment, as markets turned bearish shortly after. On the contrary, July’s PUMP token TGE accounted for nearly … The post Altcoin Emissions Under Scrutiny as TGE Events Shape Market Behavior appeared first on Coin Edition .

Source: Coin Edition