Many tokens have fallen to as low as a tenth from the ICO price. Looks like everyone is exiting the market. Buyers are waiting till something new and exciting is released. Blockchain 3.0 could be such a thing.
The market up to this point showed the good growth and many coins strongly flew up in the price, but so cannot continue eternally. Therefore we observe recession in the market. At the same time and the companies which carried out ico collected by growth very big capitalization. Agree without having anything and to receive such big money it ridiculously. Now such projects will catch the level in the market, the price is formed on demand for this coin. And developers so far only plan and form team in addition so still early about something to tell and draw conclusions.