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
The possible reason is the limited number of investors. Many investors are now scared to invest unlike before because the market downtrend is really dominant. Most of the tokens' market value are falling after the listing on exchangers. Due to such unfortunate scenario in the market, investing seems to be more likely to result into profit loss.