There are still new coins in the market being launched and we have seen how profitable it is if you are one of its early investors, but that was 2014 to 2017, today the scenario is very much different.
A new study comes out that Bitcoin dominance has reached 90% and this could only mean that new and existing altcoins are going to die or will be gone in the market sooner or later.
Are you still looking for a new coin or coins in the ICO/IEO stage if Bitcoin dominance has already reached 90%
Previously, investing was of a long-term nature, investors gave their money and waited at least a few months for the end of the ICO, then for several months until this token was issued and placed on any of the exchanges.
Now with IEO from the date of investment to the date of listing of the token on the exchange, a period of no more than a couple of weeks occurs.
Investors benefit from quick money turnover, which is why they prefer IEO.