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
Current market situation is solely to blame for failure of ICO along with team giving up when they don't reach the funding that is needed to run the project. I think 2017 was the best year for ICO but we have seen some sharp decline in 2018 but that doesn't mean it will continue.
Nope it's not just the current market situation that's too blame here. The past years since 2017 have seen an explosion of scams and bogus projects that aim only to take people's money. It tainted the ico industry and scared away would be investors.