A recent study by the Boston College Carroll School of Management in the United States has investigated more than 4,000 ICOs, that raised a total of over $12 billion between January 2017 and March 2018.
The study shows, among other things, that newly started crypto companies that have done an ICO have a survival rate of just 44 percent, CCN writes.
Bitcoin continues up
Looking at the crypto markets, we see that bitcoin (+4,32%) still seems to be strong. The world’s largest cryptocurrency has soared by several percents just over the last 24 hours and is currently traded around $7,700.
At the same time, the total market value of all cryptocurrencies has risen to $290 billion.
Looking at the other major cryptocurrencies, bitcoin cash (+4,86%), eos (+2,79%) and xrp (+1,35%) have also gone up. Meanwhile, ethereum (+0,77%) did not gain as much and only increased below one percent in value in the past 24 hours.
The cryptocurrencies that performed the best on top 100 were holo (+34,75%) and bitcoin diamond (+30,45%), and the ones who performed the worst were ardor (-7,26%) and power ledger (-3,95%), according to Coinmarketcap.
| Asset: | Price: | % (24h) |
| Bitcoin | $7 736,61 | +4,32% |
| Ethereum | $467,03 | +0,77% |
| Xrp | $0,458229 | +1,35% |
| Bitcoin cash | $825,45 | +4,86% |
| Eos | $8,29 | +2,79% |
