Public token sales raised just $40M in Q2 2026, an 85% drop from Q1 levels and the weakest quarter since late 2020, signaling a sharp retreat in retail

Public token sales hit a four-year low in Q2 2026, with fundraising down 95%. FDV above $50M one day after launch at 94% YES.

Public token sales raised just $40M in Q2 2026, an 85% drop from Q1 levels and the weakest quarter since late 2020, signaling a sharp retreat in retail