I think ICO investors are decreasing day by day. Many well rated ICO projects can't make even the soft cap! I think this fall of ICO is happening because of the lack of investors! And many Investors stopped investing because of the bear market. What do you think about this?
in 2017-2018, the number of scam projects is too exaggerated. You can still consider a bear market, so the coin after the ICO is trading below its value. Many investors are leaving the market for this reason.