BitMEX Research report: of 12 big initial exchange offerings in 2019, 11 are almost worthless compared to the price their tokens first traded for on exchanges (William Suberg/Cointelegraph)

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Techmeme

William Suberg / Cointelegraph:
BitMEX Research report: of 12 big initial exchange offerings in 2019, 11 are almost worthless compared to the price their tokens first traded for on exchanges  —  Initial exchange offerings (IEOs), which launched in 2019 have lost investors up to 98% of their money, damning new statistics show.

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