Bitcoin, which surpasses $ 20,000 in December, has lost 70 percent today to $6500 rate,Cryptocurrency market is giving negative returns from the second quarter of 2018.Not only that,from 1900 listed digital coins more then 800 cryptocurrency is giving zero or in negative return.Some companies are attracting investors to buy coins at a nominal price by offering a more return lollipop in future.
Start-up companies are issuing more n more new coins through new ico nowadays.In the first quarter of 2018, a total of 4.6 billion dollars has been collected by ico
In january :- 1.48 billion dolllar
In february :-1.27 billion dollar
In march :- 1.05 billion dollar
In april :- 56.10 Crore dollar
In may :- 86.8 Crore dollar
In june :- 66.81 Crore dollar
However decreased in buying new ico now due to big decline in prices of big cryptocurrencies,If the cryptocurrency market continues to fall short by the end of this year then i doubt that ico market can survive or ico will get any new buyer.
According to telegram data in 2018 there's a possibility of launching 1700 new ico's ,approx 972 ico has been launched till date.
we should stay away from scams ICO's they are looting invester
