Many old project of ICO was die with lower price after listing on exchange market and many of them was die because less regulation by their country, I think is not good for holding in long time and keep selling after raised higher price.
They succeed on their first year but failed on the next years just like this one. An old project without any support from its investors are quiet not good to hold for. Actually I'm not looking to the old ICO now because they are fading away slowly and dying. If its unexplored project, then someone should work to discover it and try to survive the technology.