In the first quarter of 2018, the U.S. hosted 22 completed token sales — about a fifth of the 113 sales globally during the period.
That’s the finding of a Boston College study that analyzed the intensity of tweets from the startups’ Twitter accounts to infer signs of life.
The price of the digital coin fell as much as 4.6 percent Tuesday to $6,450.01.
The slump this year is its biggest quarterly decline since 2011. Bitcoin rallied 1,400 percent last year.
Venture capitalist funding in blockchain-based companies is surging, with startups raising $434 million since December, the most ever in a three-month period, according to CoinDesk data.
Qualified accredited investors will be able to put money into Bitcoin Cash, Ether, Litecoin and Ripple, the investment firm said.
The combined companies will compete with large digital wallets and exchanges such as Coinbase Inc.
Garzik is calling it Metronome and says it will be the first that can jump between different blockchains.
Of the top five ICOs by amount raised, three have gone down significantly since the offerings.
Identifying successful startups amid the dozens of ICOs taking place each week may be easier than it appears.