Crypto Public Token Sales Plummet to 5-Year Lows in Q2 2026

Crypto public token sales are on track to reach their lowest levels in five years, according to data from CryptoRank. As of June 10th, Q2 2026 has seen only $58 million raised across just 17 sales, representing an 85% drop from the previous quarter.

This is a significant decline, even compared to the weak Q1 2026, which saw about $390 million raised across 105 sales. The month-by-month breakdown shows that April raised $15 million, May brought in around $41 million from just 13 sales, marking the lowest monthly count since December 2020.

June has so far recorded only 4 sales, raising a paltry $2 million. To put this in context, January 2025 alone saw $654 million raised, with that quarter serving as the cycle peak.