Market Structure
October 16, 2019, 5:59AM EDT
• 2 min read

IEOs are dying; nearly 90% have lost more than half of value since their all-time high

Larry Cermak

Quick Take

  • The legitimate exchanges have had 35 IEOs combined, out of which only 43% have had a positive return in terms of USD; less than half of the projects have outperformed bitcoin
  • About 86% of projects have lost 50% of value since their all-time high
  • The data shows that Binance has, by far, the highest average USD return across the examined exchanges while Bittrex has, by far, the lowest

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