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
Since 2018 many ico are scam and many ico fail even if they enter the market their prices are never above the price of ico. It happened since the price of bitcoin from almost 20,000 $ dropped so drastically that it affected other coins and also affected ico. Besides that the number of ico scams makes people less interested in ico, so that other ico fail.