Binance just had their third sold out IEO and they will continue to have a success until some of the projects they supported proved to be a weak project in the long run, it's like a domino effect for investors, they will go where the money is, and right now IEO is the best investment platform.
I agree, there are a lot of investors on this platform, the ico is now very little in demand, few of the latest projects were able to collect the hardcap , I think the ico may disappear (