...I believe that IEO will last longer because it's capable of giving confidence to the audience, they have something to put their confidence on and that's top exchanges, look how profitable binance launchpads are over the few years, who would thought IEO could be this strong today? ...
It is possible that these figures show a decrease in investor interest in the Binance exchange IEO.
At the moment a lot of eyes are on Defi projects so IEOs are not as profitable as in the past.
It can be said that in the coming time, IEOs and Defi projects will be the top two fundraising ways, maybe in the future there will be another way of fundraising but I do not predict what it is.