ICO sales of ETH see sudden boost

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As reported by Helen Partz at Cointelegraph, ICO projects have sold three times more ETH in the last 10 days than they did in the whole of August, according to data from TrustNodes published on 13th September.

The research revealed that 160,000 ETH, amounting to $33 million, were sold in the last few days, with 82,000 being sold on the 4th September. Compare this with August and you’ll see the difference.

In August average daily sales stood at between 1,000 and 5,000 ETH, but in September the daily average is at 10,000 ETH. And TrustNodes also shows that if we look at the last 30 days sales of ETH via ICO projects, the total is 283,000 ETH, valued at $60 million.

One of the ICO projects with the biggest share of these sales is Diigix, a platform that promises to “create a world where the finest gold bars are made divisible and measurable on the blockchain.” Its DigixDAO coin has a total maket cap of $69 million this week.

This positive change in the ICO environment may be the reason we have seen ETH skyrocket today, putting on almost 20% to its value.

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