this is my own opinion but it may help others.
I have found that all the ICOs i have invested in have launched at almost the ICO price but in a few days dipped below the ICO prices by half or 5X for some.
With this i have discovered its better not to invest in an ICO but wait for the launch and the DIP to buy it at the corrected prices made by market forces.
Its just too hard to tell the real or recommended value of a token in an ICO these days.
Hope this helps to the new investors thinking of ICOs
You should also keep in mind that the whole cryptocurrency market is in DIP since the beginning of this year. Bitcoin prices are less than half of all time high $19K in December last year. This could be probably the main cause of ICO's are getting the unexpected dip.