Is there any update about how much Sphere raised so far?
According to the counter on the website, they raised 16,6% of the hardcap, don't really know how much it is in ETH or USD.
Then it hasn't changed over the last days. Hope they can get a bit more.
3 weeks more till the end, hope also they can raised more.
IF ETH drops even more it will be cheaper to buy tokens. That could help.
In that case that is better for investors but worst for the project because they would collect less money.
I am still hopeful it's gonna recover in the next couple of weeks.
To be honest, I don't think they will manage to raise a significant amount till the end of the sale? so probably no point of revising the softcap/hardcap.
I thought that the Team could have problems with the ETH values but, stopping to analyze, they will have a recovery of this amount in the next rise of the market, of course, it should not be long
i hope that in the near future the value of eth and of the tokens erc20 will return to decent values if not i foresee difficult times not only for sphere but for all the ico in general...
Well, people said that would happen after the Chinese new year, now people say it's gonna be later. It should be, almost nobody doubts, but it will be when it will be. Probably by the end of the year))
You have to take into account, that after the new year people dont have money. It needs at least 1 month to get new money from their work and sometimes, if you made debt for the party, first you pay back the debt, before you invest in crypto. The other events (banning, hacking, OEC hearing, speculation about regulation, FUDing from politician and banks) also had a big impact on the market. Now we need to find stabilization, before FOMO can rule again.
The fall of the market lately has scared many people.Indeed it is also due to the new Chinese year, but there may be other causes.
It will come back, but we certainly do not know the date.There are many speculations.
There has been speculation, and that the entire Crypto-coin market is steadily declining, and that it will not return soon, or perhaps never.
As far as I saw, projects still appear, the world is still investing. It really affects us as well as our projects. but I think it will be okay