I seriously hope we can avoid going out of the top 200. Seem unthinkable we are not in the top 50 really even now.
This influx of total shit ICO;s has drained the market of btc
Shame such a large % of new investors are so clueless and getting financially drained by projects that long term are going nowhere.
The thing is whilst these ICO's can generate huge fake caps and keep leapfrogging bay and the new investors see large caps as a reason to invest then there is essentially no limit to the ranking drop bay can suffer here.
We can only pray the dumb money is drained to the smarter hands sooner than later that will obviously either cash out to fiat or re invest in the real projects that will have good long term prospects.
And that these ico dreams and talk schemes implode to zero asap ... although they will be cashing out the " development funding" for some time yet so have to string these poor fools on for a little longer.
True the fake ICO problem has pushed extremely well known projects like Peercoin, Counter-Party and tons of other projects. And they are even pushing projects on page two.
But the thing is, this software is needed for a lot of things including international cash for coins deals and there is no actual alternative that is secure. Especially new regulation on ICOs and money transfer will heavily favor us I think.
It doesn't matter what page we are on, I'm working on getting adoption. And we have had so many releases including new GUI. The developement is on fire with us actually. Regardless of where the price goes temporarily.
Although I agree it's totally ridiculous that this project isn't at least top 50. Anyways, we have the peg, we have people working full time on this so obviously that is a big advantage over fake projects. Fake projects won't develop anything and one day disappear and we will remain.