As the past few months has been about the dwindling in the price of ethereum and bitcoin. It has had a grave effects on the ICO projects which base their soft and hard card on Ethereum. The recent Ethereum market has experienced much rises and falls but the fall has been in a very large extent compared to the rise in the price.
Some project started and cap Ethereum price at USD1,000 but the price is currently below USD200 which can lead to failure to meet up with the caps set bet those projects.
What do you think can be the way outs for such projects?
It can be said for sure that the situation with falling prices has a negative impact on ICO projects. Companies are waiting for market improvements for product release. Today it is very difficult to make some assumptions. The cryptocurrency market is unpredictable, can rise, and sink even lower.