Seems like a lot of coins go to shit because of high ICO prices
IMO, anything above 1 cent is pricey as shit. I see ICO's going for like 50cents to 90cents...
Ripple ain't even worth 50 cents for 1 XRP so how the hell is an ICO going to hold that value
Hard to say though because there are so many factors that you need to look at like the total number of coins in circulation, soft cap and hard cap goal. So we can't say that above 1 cent is pricey. And if they have real usage then the price could literally go up and we can't call that shit.