76% of This Year’s ICOs Are Already Under Water

2018 has been a tough year for the cryptocurrency markets, and crowdsales have borne the brunt of it. ICOs launching in the first quarter of this year have struggled to turn a profit, with the majority of exchange listed tokens trading at a loss, both in USD and ETH terms. As a consequence, pre-sales provide the only means of turning a profit – and even that’s a long shot.

Also read: Many Token Crowdsales No Longer That Open to the Crowds

76% of ICOs Are in the Red

At MIT Bitcoin Expo...

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