there are many reasons and reasons why today's average token can drop so much. and all of that in my opinion the reason is because the market is not good and my bonus is too big ico
Yeah, pretty much this. It is just a bad time for ICOs in general.
Market gives a lot of impact to the ico too but the main reason caused by these icos can't provide a good market or attract the demand to buy their tokens . in fact that these coins need a lot of volumes to prevent the dumpers to make the price will stabilize.