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?
Obviously that is happening, because the BTC is going down strongly, instead of investing in ICOs, there are risks, investors are pouring money into BTC and ETH. Earnings from BTC and ETH may be smaller than ICOs but less risky due to high liquidity. They can buy and sell at any time.