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ICOs for September Manage to Rise at the Last Moment, Still Down 50% from August

Published 10/01/2018, 12:42 PM
Updated 10/01/2018, 02:00 PM
 ICOs for September Manage to Rise at the Last Moment, Still Down 50% from August
ETH/USD
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ICOs in September froze to almost nothing, with around $31 million raised until September 27. Based on data from icodata.io, the month saw $163,888,925 in funds raised, with 279 projects raising funds in September, based on data from ICO Bench. The number is down from 339 ICOs in August 2018.

ICO funding visibly dwindled in August, with around $330 million raised. The sinking Ethereum (ETH) prices also caused some projects to delay their launch. Additionally, data from Sentiment shows that ICOs speeded up the spending of Ethereum in September, jus...


This article appeared first on Cryptovest

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