In fact, all cryptouniverse would be severely affected by a fall of such magnitude, since even mining and trading would no longer be profitable enough for many.

But even if the bitcoin price did not fall to such a low level, it seems that the business model of the ICOs is already going through a severe crisis and that is why they are now trying to reinvent themselves through the IEOs, without that this guarantees that investors' confidence can be regained again.