Price ethereum stopped at a price of 210-220 dollars. And this is much lower than the price at which most investors bought it. Because of this, it is difficult now to raise funds for ICO. When the price reaches at least 500, everything will change
When the price reaches 500$ and above, what will change? After big fall the price was above 500$ from mid-April to mid-July. Incoming of money at ICO was not very great. To put it mildly.
Well many people bought that time thinking it will go up again, so reaching the 500 dollar mark can help all projects to get more money from people.