With the decline in coin prices and with the increasing number of ico who failed the crypto world began to be abandoned is this a sign that crypto is being abandoned and investors are starting to not trust ico?
Crypto won't be abandoned. Their are many factors that contributed to the decline not just scammy ICO's. Regulations and outright ban is the main reason for this free fall. And as much as there are scam ICO, there are also legit ones born every day. What we might see is smart investing now, people will really scrutinised every project before they pour their cash, so NO, crypto is here to stay.
I think those who wanted to abandon crypto were those people who has bigger frustrations with bitcoin, because they're weak. That's their mindset and personal perceptions and we can't control it, but even if there's an ongoing crisis against crypto false media behind us I don't give up on cryptocurrency. It won't be abandoned, and instead of losing hope we must help our community grow and promote this to the entire world.