EY Study Reports- Most ICO Token Price Are Below Listing Price

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The Class Of 2017- A Year Later

The report published on October 19, 2018, gathered data from 140+ ICO projects that issued their tokens in 2017. It was noticed that 86 percent of the coins have fallen below their initial price at the time of listing.

In December 2017, Ernst and Young (EY) released a report on ICOs that included a total of 372 ICO projects. Among them, a total of 110 projects accounted for 87 percent of funds raised through ICOs. The EY report segregated these 110…

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