Through aggressive and ubiquitous ICOs, these projects were able to raise billions of dollars, according to the theory, that insanely created a demand for Ethereum and other altcoins, resulting to a parabolic rise in prices , an event which is now known as the altseaon.
because of this reason and bitcoin all time high i am not able to forget 2017 year. and yes those project raised huge funds from the people and this is harmed to whole crypto market cap badly. superb analysis.
I'm glad that you find my analysis "superb" thanks for stopping by. I hope that you're bracing up for the next altseason.