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
Most people who hold ICO coins experience panic. They think that the ICO coins that have been listed on the Exchange will decline, so they immediately sell coins. So that many ICO companies suffer losses and can even experience destruction.