The amount invested in the blockchain startups have fallen by 80%☝

The amount invested in the blockchain startups have fallen by 80%☝

According to the report of the cryptocurrency portal CoinGecko, the amount of investment into blockchain startups in the third quarter of 2018 decreased by 80% compared to the second quarter. The decrease in the popularity of ICO is primarily due to depreciation of all major cryptocurrencies.

In the second quarter of this year, the initial range of coins was carried out of the 606 projects, 267 of them ended successfully, companies managed to attract funding in the amount of $7,73 billion. Statistics of the third quarter, much worse: 388 ICO success was crowned only 193, and the sum of investments amounted to $1.59 billion.

It is important to note that the share of a startup EOS in the second quarter had $4 billion of the total sum of received investments. According to the published report on the major cryptocurrency exchanges are 34 tokenthat were implemented during the ICO in the third quarter. In this case, 27 of them fell, because most of the investors sold the tokens at the first opportunity.

Most ICO (35) conducted a Singapore company, the second largest British companies (18), American and Maltese startups have used primary supply of coins 6 times.

On the cryptocurrency market depression.

The top 5 cryptocurrencies in terms of capitalization - Bitcoin (BTC), Ethereum (ETH), XRP, Bitcoin cash (BCH) and the EOS is much cheaper. The record for the rate decrease were cash Bitcoin - its price has fallen to 78%. EOS lost in the price of the least - 25%.

But the situation is not as bad as it may seem. In comparison with last year rate 4 out of 5 leading cryptocurrency has grown, the only exception is trong>Ethereum, which fell to 30%. According to experts, the value of ETH has decreased due to active sales of coins blockchain startupsthat have received Ethereum in the framework of the ICO. At the moment the company got rid of almost all coins ETH, so in the future do not expect a sharp depreciation of the coin.

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