I hope CRPT price upcrease days by days from today.
1) During the first 3 months after the end of the token sale, all ICO tokens become cheaper. This is normal. Rare exceptions just break the rule. On average, after 3 months the price returns to the price on ICO. And then growths.2) Officially, CRPT tokens have not been listed on any exchange. The first is planned in early March. On decentralized there are not many users, low volumes, so even small transactions lead to significant changes in the rate. Also, decentralized exchanges often have technical problems, for example, Etherdelta simply bugging for more than a week.
3) Crypterium product has not been launched yet in a full-fledged relation with CRPT tokens. There are no crypto-fiat transactions, so there are no commissions in tokens with subsequent burning of them. This is the mechanism which will increase the demand on tokens and influence their price.
Cheers!
That is what people failed to understand because they need fast returns on their investment, within these 3 months most of the people who are very panic about the market starts to keep selling them in the market for the cheaper price. People who are holding the coin will make more money for their waiting.
I believe it was unfortunate coincidence of many circumstances piled up together and reflected by major dips by bitcoin and ethereum: main street's expiring bitcoin features, uncertainty about banning of crypto by various countries one at the time (China, US, South Korea, Germany, etc), random decisions to close accounts of people dealing with cryptos by various banks from different countries, anticipation of news by US Congress/SEC hearing, IRS handling of profits and ongoin litigations between IRS and CoinBase... Too much uncertainty caused a lot of these drops, and, G knows, altcoins resonance much harder then bitcoin or ethereum ..
We will be alright. I hold mine ---> not to sound cliche, but.. TO THE MOOOOOON!
