Stacy Muur analyzes the post-Token Generation Event (TGE) performance of various cryptocurrencies from 2025, focusing on how well each token has retained value compared to its all-time high (ATH). He assesses several factors, including current price, time since ATH, and liquidity to determine whether the price movements reflect genuine market interest or mere speculative noise. This approach aims to highlight how investors who bought near TGE fare against their peers. In the S Tier, Avici stands out with a current price of about $4.3, only 20-25% off its ATH of $5.6, indicating strong performance. YieldBasis and Sahara Labs AI also show decent retention of their ATH prices but are down roughly 45-55% and 50%, respectively. In the A Tier, Lombard and Kaito AI have seen significant drops of 50-75% from their ATH but still maintain liquidity and trading volume. The C Tier includes major disappointments like Berachain and Boundless, which have plummeted around 90% from their peaks, signaling severe market overvaluation. The analysis provides a clear picture of which tokens are thriving and which are struggling post-launch. Muur’s grading system effectively categorizes tokens from strong performers to those facing steep declines, offering insight into market trends and investor sentiment.