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
Some tokens which not have good application and haven't applied in real life yet, but behind them, there are some big sharks which pump lots of money to push its price, it make investors be mistaken about its real value. This is the common situation of tokens on this time