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Current ICO Market Is Bigger Тhan at the Start of 2017, Data Shows


While the initial coin offerings market is currently smaller than it was in 2018, it is still larger than it was at the beginning of 2017.

While the initial coin offerings (ICOs) market is currently smaller than it was in 2018, it is still larger than it was at the beginning of 2017, data on crypto analytics website CoinShedule reveals as of Feb. 13.

Total Funds Raised per Month Since Feb. 13, 2017-Feb. 13, 2019 — CoinSchedule

 

Total Funds Raised per Month Since Feb. 13, 2017-Feb. 13, 2019 — CoinSchedule

CoinShedule’s data states that last month $291.6 million have was raised through ICOs, which is around 19 times less than the $5.8 billion raised in March last year. Still, this is also nearly 72 percent more than the $81.8 million raised in April 2017. Furthermore, according to the data reported on the website, at press time at least 63 ICOs are currently live, and another 18 are upcoming.

A recent Bloomberg report also notes that “while many ICOs used to be launched from the <a href="https://cointelegraph.com/tags/united-states"…



Read Full Story : Cointelegraph.com News

2019-02-13 18:59:00

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