ICOs are dead. IEOs are the new trend. I doubt there is any project doing ICO currently.
IEOs solves the most important need of participants, that is immediate liquidity. So all are behind it.
But why you need for quick liquidity of token? A new project should carry an important idea and have a strong team to implement it and not to give an opportunity to sell quickly your tokens
Some people don't really care about the ICO project or it's vision. They just want their investment to get doubled or tripled in a matter of days. They just invest for the sake of instant returns. These are the same people who complain later if the token price crashed below ICO price.