As a rule, most blockchain- projects that have collected tens of millions of dollars for ICO, issue tokens on the exchange without real production growth.
What does it mean?
Well, hype gone and the demand gone. If a token/coin does not have real value then they will fall. Out of the few thousands of crypto in coinmarketcap you will find 99% of them are useless. So do not expect much.
The same is going to happen with these IEO hype too.
Only 2% of the coins in CMC are real, many coins are only for hype. Many projects are just listing their tokens at exchange because of their funds raised during ICO. And scammers made it to have more profits with their investors. When they hyped the coin, soon it will die because there is no product. At the end, we bought the shitcoins for the rest of our life