Why do most ICOs crash and burn?

It's not a lack of hype. It's not even a lack of capital.

The real killer? Teams sprinting to fundraise before they've built anything users actually want to stick around for.

Think about it—when you've got a product that solves real problems, users don't ghost you. When your roadmap makes sense and your vision resonates, the community doesn't vanish after the token sale. And when there's genuine utility behind the coin, not just promises and whitepapers...

That's when projects survive the bear market.

Rushing to raise might get you initial attention, but building something meaningful? That's what keeps people around when the market goes cold.