If we see the history of last bullrun, every coin potentially be 10x even shitcoin, but now ICO or IEO is not trusted anymore because so many fail and scam project, so for next bullrun we can't trust ICO or IEO coins. So for the safe investment choose major altcoin which already trusted in market such us ethereum, litcoin, BNB, XLM etc
You are right. The pump came because of the adoption of several projects in the past. but now there aren't many projects that have succeeded in attracting new investors with big money. we need lots of good new projects to foster massive mass adoption.
the only issue that investors were scared on trying these new projects because they had a bad history with them but this is nice because old projects have a chance to grab all those investors in one place .
ico is the one that people complain about but not the ieo because ieo is the new thing . most of the feedbacks for ieo were still positive except maybe if the ieo is done on a bad exchangers .