NEW: Nearly $ 1 billion worth of Ethereum is in ICO projects

in cryptocurrency •  6 years ago 

ICO projects currently hold 3,330,390 Ethereal (ETH), equivalent to nearly $ 1 billion - at current Ethereum prices.

The ICO-funded projects currently hold 3,330,390 Ethereal (ETH), with 16,400 ETH sold last week, worth $ 4.5 million.

According to data from the Santiment, Digix is the largest Ethanol Holder (after the Ethereum Foundation) with about 470,000 ETHs worth $ 130 million, which is larger than the market capitalization of the Token.

111-3.jpg
The amount of ETH held by ICO projects

Golem came in second with 360,000 Ethereum worth about $ 100 million, just below the $ 140 million a cap.

The third largest ICO in the ICO is the Status with 253,000 ETHs worth $ 70 million, while the capital stock is $ 130 million.

In a recent study, more than 3 million ETH are being held by ICO projects, of which Ethereum Foundation holds 660,000 ETH.

Most of the projects sold their stock of Ethereum stock including OmiseGo with 71,000 ETH sold. ETH selling of ICOs is slowing, while the peak of selling is in May. The amount of ETH traded in cash also remained high despite a downward trend

@dieuvu (source: trustnodes/vietnamfinance)

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Congratulations @dieuvu! You have completed the following achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of posts published

Click on the badge to view your Board of Honor.
If you no longer want to receive notifications, reply to this comment with the word STOP

Do not miss the last post from @steemitboard:
SteemitBoard and the Veterans on Steemit - The First Community Badge.

Do you like SteemitBoard's project? Then Vote for its witness and get one more award!

Thank you !