Series of tokens have been developed and some are still in the ICO. Those that have been completed and listed on exchange are really suffering a big blow in term of loss of value in the exchanges. The new ones are scared of being listed on exchange at the moment because of the market situations at the moment and the effects it could possibly have on their tokens' value.
It is because every ICO price follows with ethereum price and if ethereum is not reached more than $500, then the ICO price will not increase. Many investors losing hope from the ICO and they don't want to speculate with the ICO, and they feel good if they can invest in ethereum only than in the ICO. The ICO itself become a scam and run away with the investor's money, and this makes the investor losing their trust to the project too.