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It is always a better option to have a look over ICO statistics before investing in cryptocurrencies. Investors are always in search of a high return on investment when they cross over any new cryptocurrencies launched in the market. It makes the investors to move ahead with their choice of cryptocurrencies.
It also renders valuable insights for them. It will help you to decide whether it is the right option to invest in cryptocurrencies currently. It is the total fundraised by the ICOs which were completed last year. These numbers were considered good for new cryptocurrencies last year. Overall, last year was a boon for new crypto coins with their ICO. It shows that it was a boon for new crypto coins. This shows the confidence of investors in investing on new cryptocurrencies. Read the blog on ICO website development tips 8.
It is evident from the above numbers that the average ICO fund raised is much lower. Ethereum -the highest ICO return on investment Though Bitcoin is the most popular cryptocurrency in the crypto world, Ethereum is the cryptocurrency with the highest return on investment. Hydro Protocol -the lowest ICO return on investment Hydro Protocol is the cryptocurrency with the lowest return on investment.
The industry with most of the open ICOs is finance industry and till date it was around The importance of ICO statistics With the help of ICO statistics , you will be able to get a clear idea about the current crypto market and it also provides the number to learn more about ICO.
This will help the investors to decide whether it is the right time to invest in cryptocurrencies. Keep track of seasonal trends From the above stats report it is evident that there is a seasonal drop and hike of ICO. Beware that most of the ICO will come out near the end of the year. If you are keeping an eye on good return on investment, it is always available at the latter half of that particular year.
It means most of the ICO will flash and go away in the first half of the year. The values are evaluated and analyzed based on the previous year values of ICO. It shows the overall growth as well as the shrinking areas of ICO. It will definitely help the investors to choose the right time and the right cryptocurrency to invest in ICO. Choose the perfect platform or crypto exchange to promote your ICO.
Opt the right cryptocurrency development company to build your own Crypto Exchange platform.