Topic: Binance’s IEOs keep Dumping, but why? - page 8. (Read 1559 times)
all investments have risks IEO projects in binance was able to convince many investors to join the launchpad Binance but anything can happen profit losses and there will always be. Matic project I think is a pretty good issue price is quite a severe price plummeted make each holder should disappointed Matic team must keep their prices so that investors believe in their project.
Binance is facing yet another criticism as one of their IEO tokens has seen a huge dump once again. Matic, which was put on Binance launchpad, Binance’s version of an IEO, fell 60% in just minutes.
The token which is on the Ethereum network saw the huge drop. Coinmarketcap data said that MATIC/BTC reached a high of 562 satoshis on Monday, before diving to lows of just 195 satoshis.
The token which is on the Ethereum network saw the huge drop. Coinmarketcap data said that MATIC/BTC reached a high of 562 satoshis on Monday, before diving to lows of just 195 satoshis.
Looks like even reliable IEOs dont bring profits to you
Those who invested in IEO projects from binance have all make their gains and only holders will face this wrath now but the truth is those projects are all working projects with use cases, I think they will easily recover
I don't understand why @op is asking when he already knows the answer to this question, unhealthy pump of any project would also result to heavy dump, now we can see the original value of the coin which is not the artificial price that was seen before, it is always better to have organic growth.
I thought that what makes he was feeling curious about that caused by it happens on the major and reputable exchange site. The basic thing when it comes to the reputable exchange site and anything can be trusted. That's why he was feeling curious why so many IEOs on binance were getting a big dump. I don't understand why @op is asking when he already knows the answer to this question, unhealthy pump of any project would also result to heavy dump, now we can see the original value of the coin which is not the artificial price that was seen before, it is always better to have organic growth.
If so, every price is organic or there is no such thing as organic price. Because demand-supply can always change and the organic price depends on it. Matic increased by more than 70%, which no one would have thought that the result of an increase in the price of such a project listed in Binance with high volume would be so. 
Your question is reasonable on the topic title. But how it will be if I reverse your question like, Binance IEO's keep pumping, but why? Is it not true? You didn't see when Binance IEO tokens pumped hard ? So usually it will dump again and pump once again. Their last IEO was Troy, all troy holders made their capital 2x/3x, so I will not surprised if troy price dropped even 4x. It's just normal procedure and it will continue. Because there is whales to bashing us. That's why sometimes wee can see huge pump and sometimes we can see huge dump. I don't think there is other reason except big whales. Team will never want to dump their coin/token.
I don't understand why @op is asking when he already knows the answer to this question, unhealthy pump of any project would also result to heavy dump, now we can see the original value of the coin which is not the artificial price that was seen before, it is always better to have organic growth.
Binance is facing yet another criticism as one of their IEO tokens has seen a huge dump once again. Matic, which was put on Binance launchpad, Binance’s version of an IEO, fell 60% in just minutes.
The token which is on the Ethereum network saw the huge drop. Coinmarketcap data said that MATIC/BTC reached a high of 562 satoshis on Monday, before diving to lows of just 195 satoshis.
The token which is on the Ethereum network saw the huge drop. Coinmarketcap data said that MATIC/BTC reached a high of 562 satoshis on Monday, before diving to lows of just 195 satoshis.
Wait they now claim that team didn't sell? Well that's interesting and i guess i have to take another look at matic now. I would hope that binance had enabled really low buy orders to get dips like these. But for some reason i can't set any sells too high or buys too low.
There is no altcoins that always on high price, expect the down price of a coin after reaching the highest price and who knows not just those bag holders who dumped it, maybe the team secretly dump their coin.
I am not one of those that believe exchange on which IEO is conducted determines the success. The project success depends on the team and how achievable their objectives are.
Right, but for the exchange also must be seen, because the project team after making a good concept and being able to achieve the vision and mission of the project, then immediately choose a good exchange for their products, so the exchange must also be considered. I am not one of those that believe exchange on which IEO is conducted determines the success. The project success depends on the team and how achievable their objectives are.
you got a point . one example is on here . ieo on binance still got dumped despite of its reputation as a good exchange but exchange listing is also important because no matter how good your ieo project but if your only going to list it on a bad exchange i dont think that it will shine too much .
its nice that we have seen a reason on why binance ieo's got dumped , this should keep the investors calm down and not to worry too much .
I am not one of those that believe exchange on which IEO is conducted determines the success. The project success depends on the team and how achievable their objectives are.
It is least expected in unregulated markets, where manipulation is inevitable and can happen anytime. I believe Binance has no direct influence with Matic's mess. People should stop complaining about the dumps, because it is common bet they know risk of any crypto investment, this is the reason why we should refrain from buying junks.
As if binance will let the public knows if ever that they have something behind this actions. It's investors obligations to research and make a better assumptions in any form of investment that they'll going to take, manipulations is part of the market as there's a big investors who can dictate thedirections of certain projects, either whales or the developers itself can do manage to change the directions of the coin.
I noticed that only Celr and One had the effect of panic at the same time in yesterday's matic incident. The binance steps are correct to avoid chronic fud, but there is no valid scope yet regarding the results of the investigation. Complaints have begun to subside, and the impact of the decline is now fundamentally re-concentrated from the influence of bitcoin. I'm just still questioning the attitude of Matic developers who still seem ambiguous.
Not only Binance I think almost IEO exchange have lower price like on Gate market, kucoin and Huobit exchange market. Not success of IEO with higher price after many problem faced by bitcoin and altcoin have lower price right now and many IEO coin listed with lower price and keep down.
It is least expected in unregulated markets, where manipulation is inevitable and can happen anytime. I believe Binance has no direct influence with Matic's mess. People should stop complaining about the dumps, because it is common bet they know risk of any crypto investment, this is the reason why we should refrain from buying junks.
As if binance will let the public knows if ever that they have something behind this actions. It's investors obligations to research and make a better assumptions in any form of investment that they'll going to take, manipulations is part of the market as there's a big investors who can dictate thedirections of certain projects, either whales or the developers itself can do manage to change the directions of the coin.
Listed in Binance. It will be a target for traders.
They listed all the possible answers to all the dumped that had happened. I don't think it is an inside job too.
It is only the fact that it was listed on a very popular exchange with a high volume of traders that could easily manipulate the price.
Well then, if they are so sure about their project then it is a good opportunity for buyers now.
I am looking at Matic project now and thinking of buying if ever I found proof in their legitimacy.
They listed all the possible answers to all the dumped that had happened. I don't think it is an inside job too.
It is only the fact that it was listed on a very popular exchange with a high volume of traders that could easily manipulate the price.
Well then, if they are so sure about their project then it is a good opportunity for buyers now.
I am looking at Matic project now and thinking of buying if ever I found proof in their legitimacy.
What do you expect from an altcoin?
This kind of manipulation is not even new by now.
Altcoins being dumped and even new ones finishing an IEO type of offering will be dragged by it.
Even if it is listed with the most popular exchange like Binance. That is more of the reason since traders are more lively there.
There is just no guarantee for it to gain value in just a manner of time.
This kind of manipulation is not even new by now.
Altcoins being dumped and even new ones finishing an IEO type of offering will be dragged by it.
Even if it is listed with the most popular exchange like Binance. That is more of the reason since traders are more lively there.
There is just no guarantee for it to gain value in just a manner of time.
It is least expected in unregulated markets, where manipulation is inevitable and can happen anytime. I believe Binance has no direct influence with Matic's mess. People should stop complaining about the dumps, because it is common bet they know risk of any crypto investment, this is the reason why we should refrain from buying junks.
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