Currently on the coinmarketcap site only about 1590 projects compared to at times more than 1700 projects. They have left many projects without developers or scam projects. I personally invested in some of these projects and lost a lot of money like bitconect and centra. Do you trust the projects you are investing in and will keep them for a long time until they succeed or are they just looking for profit in the short term?
I go directly to the scam project which is very disappointing not only for the bounty hunters but also for investors especially since they have loses their money in just a short a span of time , that is why a fewer investors already believing in ICO , and maybe this the reason that ICO was extending since they didn't reach their hardcap .