What happened to ICON? It seems that this project is dead if you look at graph. ICON still gives 12% monthly by staking it, so do not understand why so many people sold ICON. I know that we are in bear market, but ICON lost more than other altcoins.
Well all altcoins that are legitimate or even some of the shitcoin have their own time when they will retrace back and we know that ICON is not a dead project instead it was progressive so to conclude this they are capitulating some of this altcoins to shaken those who are relying on the last support of the price or some might have a double bottom. Trading is all about patience and researching on the project itself and not only basing on its price.
I fully agree with you, because any projects can be blamed for poor development, and they are not to blame for anything, since it is the cryptocurrency market that influences their development. Nevertheless, I would like to note that there are projects that, even with the current state of the cryptocurrency market, show very good growth results.