ICO-projects sold 400,000 ETH during November

During November, ICO-projects sold 416 thousand ETH. This is the largest figure since the summer of this year, reports Trustnodes .

According to Santiment, in August, ICO startups sold only 100,000 ETH. In September, sales of digital currency increased significantly, reaching 300 thousand ETH. In November, this amount exceeded 400 thousand ETH.

However, most actively Ethereum was sold in the first quarter of this year. For example, during only March 27, 2018, ICO start-ups sold 630,000 ETH.

Note that in the first three months of this year, the price of Ethereum sank more than three times:

ETH / USDT, Binance Exchange. On January 13, the price of ETH peaked at $ 1,427, but as early as April 1, this cryptocurrency was trading below $ 400.

The largest Ethereum bears among ICO projects are SingularDTV, Aragon and Kyber:

Actively sells Ethereum Status project, which recently announced a reduction of a quarter of employees . This ICO startup still has quite impressive cryptocurrency reserves. The price of the latter, however, is far from what it was before. The current weighted average ETH rate is $ 86.7 .

In general, the projects presented in the Sentiment report still have about 2.9 million ETH coins in stock, which cost about $ 250 million.

Recall recently Diar analysts came to the conclusion that ICO, as a method of attracting investment, has practically lost its relevance . So, during November, tokensaley collected only $ 65 million.

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