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Bitcoinist
2018-09-25 12:00:42

70% of All ICOs Are Now Underwater in 2018

How much cash an ICO raised has become “less important” to markets, new research says this week after revealing 70 percent of ICOs have lost the money they raised. Markets ‘Shrug Off Cash-On-Hand’ As part of the latest edition of its weekly newsletter, Diar investigated the current state of the ICO sector, which despite this year’s cryptocurrency bear market has raised more than in the ‘boom’ year of 2017. “Diar number crunching shows that 70%Read MoreThe post 70% of All ICOs Are Now Underwater in 2018 appeared first on Bitcoinist.com.