I am observing since last six months...each and every ico is failing drastically...even the most succesful ones which got funded within the time limit...when enters the exchange their price is dropping by more than times....investing in ico these days meaning throwing away your money
This is definitely due to the influence of the market. Investors are now becoming limited because they are trying to for now avoid investing to cryptos because there is a continuous downtrend present in the market. Projects are mostly failing and the tokens are having much lower market value thsn ICO price resulting to huge profit loss most of the time.
Beyond influence if i may recall some of it, most ICO these days are not onto their projects but rather collecting more investors to raise their funds. A quickest way of making a quick-rich scheme, these are fraud behind ICO projects. You can rarely find a good ICO these days with a good manager and a team.