every day new ICOS arise and 8 out of 10 ICOS are a scam, many people are losing their money and because of these scams they no longer invest in cryptocurrencies, and because of all this the bitcoin ends up losing confidence. So the ICOS is the quasante of the fall of bitcoin? What do you think?
I believe that ico's does not do anything with the market price drop but fud is affecting the prices in the market because people prefer to sell their coins more than holding it due to panicking since the market prices are dumping right now.