Post
Topic
Board Trading Discussion
Re: The Fate of ICOs.
by
Naida_BR
on 29/12/2018, 18:23:10 UTC
As you all know that 90% of ICOs this year was a totally loss. most of all the tokens that hit the market are trading below price. some of catastrophic. some are trading below 90% to 95% of their list price. Majority of ICOs this days have has decided to run token sales on Exchanges. as the year comes to an End, Could there be another means of raising fund for tokens come 2019.?

This is totally normal and I am not surprised that it happened. If Ethereum is down 80-90% how is it possible that ICOs that are built on it, hold their value and be competitive in the market? Totally impossible.
2018 was a corrective year that helped us to be more cautious and choose carefully where to invest next as we don't get excited by the bull markets and the general crypto hype.