The ICO market has huge problem today.
this is 4 reason
> Overvaluations
> Scam
> fraud
> Speculation
The problem of icos and scams is getting too big to ignore, there are many good icos out there but with so many scams around, there are a lot of people that are deciding that investing in icos is simply too risky, and since regulations are not going to be enough to stop this I think it is up to us to do our due diligence in the coin in which we are interested and avoid investing if something is wrong.