Is it just me or do you also see that ICO prices are starting to get ridiculously high (considering most of them don't even have a working product).
I agree with this. Most of the ICOs are overpriced but that also happens on IPOs, stocks initial offering. There are very few ICO that have low price and backed by a real product with good devs. That is why I invest on very few ICOs. I wait til it hit the exchanges and bounty hunters dump their tokens, then you can buy it way cheaper.