Most probably 2020 and 2021 will become years of a new STO hype. Don't expect any miracle during the bear market while everything is bleeding. In a best case scenario we'll see some really popular STO project at the end of 2019 and it will become a start of STO era.
You are right, ICO and STO are correlated with the market sentiment. That being said I guess a lot of investors have realized that STO actually have a value. And if we are to have a bullish market the money will go into STO and no longer in ICO. At least that's what I would do
A value for what? both have the same fundamental and there was no a lot of differences between both of these things. ICOs similiar to the STO. Even if STO claimed to be more compliance with regulatiuon and then it's not yet even registered on official institution.