Most of the new only like alts,tokens then this will grow atleast for 2 months and after that this will really drops until turn to shitcoin
Then that's because users,traders and investors sell their alts/tokens little by little when this is already list in trading site and actually for me that's better to do if the project is not that good like base in their copy plan that most of the alts/tokens turn scam or hack then shitcoin
Topic: After ICO, the tokens sank in price. Why? - page 3. (Read 591 times)
Simple. Investors, bounty hunters and the team themselves will sell their coins to gain profit.
Who in the hell will hold their coins when you know already that when the token is listed on any exchange, it will always plummet. Law of supply and demand. Supply increases, price decreases and vice versa. That is what is happening on every ICO.
Who in the hell will hold their coins when you know already that when the token is listed on any exchange, it will always plummet. Law of supply and demand. Supply increases, price decreases and vice versa. That is what is happening on every ICO.
It means that the project is just a hype, then investors get on-board trying to make money out it and when the tokens is listed on an exchange, they suddenly dump their tokens book there profits and go on the next hype train. So that's how most of the projects are now right now, although there's proof that a project might succeed in the future like BNB, but it's an exception, in my opinion.
It happens in the stock market all the time. Uber and Lyft were massively hyped IPOs, yet both were recently trading below their IPO price. Often times, company performance doesn't live up to the hype. This is especially true with ICO companies, who were often peddling vaporware and unsustainable business models. After the hype ends, the hangover comes.
ICO is only used as a means to enrich a group of people, I regret this and some ICOs disappear after reaching hardcap. It's very bad and it's time for everyone to realize that ICO isn't the best choice for investment.
People always think their ICO will be the next bitcoin before they invest.
Yup. Most are driven by the hype, don't look that the projects, although they have a valid team, either have no usability at all, either "cover" a direction already covered by many other projects, either the project status is not as great as hyped (and may not really advance in the "next" months)... The reality is unveiled after the hype is over.
In some cases there's even a manipulation. Some traders use to buy ICO tokens after the ICO has ended, when the price is not artificially inflated anymore, or it's even lower than the actual worth.
Some big role may also have the inexperienced crypto investors that have no idea how to invest and have no patience at all; they'll see the price drop and they'll panic sell.
People always think their ICO will be the next bitcoin before they invest. After they invest the reality hits them in the head:
There are hundreds of those next big thing ICO's out there.
Once they realize how they fucked it up, they panic and try to get out as soon as possible.
This is just basic "pig" investor thinking. They always get slaughtered.
There are hundreds of those next big thing ICO's out there.
Once they realize how they fucked it up, they panic and try to get out as soon as possible.
This is just basic "pig" investor thinking. They always get slaughtered.
When the price is going down, there's no other thing that you can think of but it's all about the dump. Investors of that token started to dump altogether and probably including the developers of it. Because they have had enough money from the ICO so it's time for them to rake profits.
Are you new to this kind of market? it has been done by those ICO creators many times. And you know what? after they do a "successful" project, they'll just jump to one another to have another ICO, it's just a cycle, they rinse and repeat.
Are you new to this kind of market? it has been done by those ICO creators many times. And you know what? after they do a "successful" project, they'll just jump to one another to have another ICO, it's just a cycle, they rinse and repeat.
As a rule, most blockchain- projects that have collected tens of millions of dollars for ICO, issue tokens on the exchange without real production growth.
What does it mean?
Get used to it and this is how this market works.Only good projects will able to survive after that sudden dump in price because any coins that its being listed on an exchange do have that kind of normal route on slapping its price to the floor and die most of the time.Some might revive but only a few of numbers who do have actual potential for long term but the rest are just total garbage. What does it mean?
Some worst projects also get the hype in the market and when it came to exchange we can understand the real demand over that coin. Please look after some cheap coins which does not having real product or anything. In that some whale investors use to put theri fund so little projects like that get the name egen they don't have anything.
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As a rule, most blockchain- projects that have collected tens of millions of dollars for ICO, issue tokens on the exchange without real production growth.
What does it mean?
Well, hype gone and the demand gone. If a token/coin does not have real value then they will fall. Out of the few thousands of crypto in coinmarketcap you will find 99% of them are useless. So do not expect much. What does it mean?
The same is going to happen with these IEO hype too.
As a rule, most blockchain- projects that have collected tens of millions of dollars for ICO, issue tokens on the exchange without real production growth.
What does it mean?
What does it mean?
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