Well, as per my opinion, People have turned their views from crypto trading to ICO's for speculation. Everyday I listen to a lot of ICO's introducing the 'most revolutionary crypto' but as soon as they hit the exchange, everyone dumps their share to get a short term gain and instead of growing, it just falls apart.
People don't need technology, they just need ways to make money. That's it brother. And this EOS is no exception.
By the way good luck if have invested greatly in the ICO.