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From $2.9 Billion in a Month to Hundreds Dead: Trends of the Rollercoaster ICO Market in 18 Months

Discussion in 'General Discussion' started by Arpit, Jul 8, 2018.

  1. Arpit

    Arpit Scholar

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    Stats on where ICOs are mostly coming from, and what they are mostly about, paint an interesting insight into the ecosystem. As does the data on how the ICO market has changed into 2018. The biggest month for ICO investment was just four months ago, and 2018 has also seen the time taken to complete and ICO, and success of these projects, shift significantly since 2017.

    Around 1000 cryptocurrencies have been considered deceased recently. It was attached to Bitcoin’s drop in value and was hinting toward a total cryptocurrency bubble.

    However, the cryptocurrency ecosystem is a little more complex than that, and one of the most interesting and staggering facets of it all has to do with the Initial Coin Offering (ICO) marketplace. It is seen as an area of cryptocurrency that is aimed at both disrupting traditional venture capitalism as well as expanding the broadness of cryptocurrency beyond that of just Bitcoin.

    This rambunctious side of cryptocurrencies has a lot of telling statistics that are worth delving into — especially over the last 18 months, which have seen a massive boom in new coins as well as a steady growth in capital raised for new cryptocurrency projects.

    Source
     
  2. GuardianofCrypto

    GuardianofCrypto Master of Trolls Staff Member Super Admin

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    It'll be good for most of the useless ICO's and altcoins to die off.
    More money will be funnel into the top 50 coins
     
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  3. Arpit

    Arpit Scholar

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    Absolutely. $100 million 10 times adds $1 billion to top currencies.
    IF fake ICOs die, the top cryptos will rise.
     
  4. MAGA

    MAGA Master of Crypto Staff Member Super Admin Premium Member

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    It had to happen, there was an insane ICO rush where every ICO was pumping like crazy as soon as it was listed on any exchange. Now people are figuring out most have no product or will take years to deliver one so hype has died down big time. Hoping the new ICOs of the future are done by better teams and professionals that will actually benefit crypto instead of only raising money for stupid ideas that don't require blockchain at all.
     
  5. CryptoR22

    CryptoR22 Contributor

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    Great, sure
     

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