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Topic: Dump just after a new listing? - page 6. (Read 1497 times)

sr. member
Activity: 1540
Merit: 264
Next Generation Web3 Casino
March 29, 2021, 12:30:22 PM
#68
In most cases, when a token is listed on an exchange, there is a lot of dumping of that token at first.  As a result, Bounty Hunters quickly sold the tokens at a lower price.  Then gradually the price of that token increased. I think the same thing happened with AME. Yet the price of the AME token is higher than the ico price. The price of AME token may be dumping again in the future while the second round bounty will be distributed.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
March 29, 2021, 12:20:38 PM
#67
This is a typical scenario for the new coin after listing, people who worked for that coin would like to sell it right away to for a quick cash or they know that it would dump, so basically sell high then buy low. Depending on their targeted income, some just sell it right away and would rather add it to the coins in their portfolio.

Most of the time, early investors dumped the coin after recieving it and see the asset was listed to an exchange, knowing that they'll already gain well enough to release the coins.
Very common and it's part of the cycle, the early birds catches the worm as they say. It's been applied and those who are good in finding new projects to ride along, they are gainers and they just keep repeating the process for the best benefits to have.
full member
Activity: 495
Merit: 100
You have to get what you want your own way.
March 29, 2021, 12:14:30 PM
#66
This is a typical scenario for the new coin after listing, people who worked for that coin would like to sell it right away to for a quick cash or they know that it would dump, so basically sell high then buy low. Depending on their targeted income, some just sell it right away and would rather add it to the coins in their portfolio.
full member
Activity: 504
Merit: 100
A New Exchange Era
March 29, 2021, 12:04:44 PM
#65
It's not only hunters and airdrop, but seed and private investors.
Even the team could have dumped some of their reserve
that's what I thought. but the momentum created during the bounty distribution made all these problems belong to the bounty and airdrop hunter.
Private investors and teams who want to throw away their money at the same time as bounty hunters selling their prize tokens can of course make a decline. when demand is less and many are selling it will inevitably be a severe dump.
As a participant in bounty projects, I have already earned a lot of experience on this. There are many examples when bounty participants severely knocked down the price of a token (SPINDLE, DEBITUM, Kora Network, TGAME ...) And there are many examples when thousands of bounty participants' sales did not make the weather for a project (CREDITS, Pundi X, COMSA ...). In the end, everything depends on the project team. But if there is at least a little talk around the project, then the bounty participants can not greatly influence the price.
sr. member
Activity: 1232
Merit: 379
March 29, 2021, 11:47:46 AM
#64
Obviously these kind of situations happen whenever a project team distributes a decent amount of tokens or coins as a bounty and airdrop reward before listing and without making any strategy but strong developed projects always have capability to recover its reputation and in this case AME has recovered very well after the huge collapse which is absolutely a relief for AME investors and holders.
All these depends on the type of exchange listed, and the total amount of token held by bounty hunters and airdrop, if actually AME was listed on Binance the possibility and the probability that the token value would be down is less compared to other smaller volume exchange. So in that case, it is the responsibility of a token project team to diversifying strategies on how to overcome deep dump.
sr. member
Activity: 1526
Merit: 332
March 29, 2021, 11:28:13 AM
#63
it is normal that after the end of an ico / ieo and at the time of listing on a new exchange the value of an altcoin decreases, why does it decrease in value? because the participants in any advertising bounty sell their altcoins so earned immediately after the listing
Aren't bounty participants only getting a small amount of coins with a very limited supply for the bounty? then why do you blame the bounty participants in this case while the investors who buy coins in the project get a very large amount of coins, so try to explain your reasons by accusing the bounty participants for doing this so that you say this is normal.

I also had this thought. Bounty participant only getting a small portion of the supply that is why even if they dump those coins it wouldn't affect that much. Pretty sure it is not only the bounty participants alone are the one who is responsible for the dump, I had a thought that those private investors are the ones who likely causing this dip. Besides if you have been in this industry, it is a very common thing for hunters to dump their coin after the listing because it would be risky if you hold it for a long time, that is what I think at least because let's say I've done it before.
TWW
full member
Activity: 1456
Merit: 109
March 29, 2021, 11:17:52 AM
#62
It's not only hunters and airdrop, but seed and private investors.
Even the team could have dumped some of their reserve
that's what I thought. but the momentum created during the bounty distribution made all these problems belong to the bounty and airdrop hunter.
Private investors and teams who want to throw away their money at the same time as bounty hunters selling their prize tokens can of course make a decline. when demand is less and many are selling it will inevitably be a severe dump.
member
Activity: 1204
Merit: 11
March 29, 2021, 10:11:17 AM
#61
Obviously these kind of situations happen whenever a project team distributes a decent amount of tokens or coins as a bounty and airdrop reward before listing and without making any strategy but strong developed projects always have capability to recover its reputation and in this case AME has recovered very well after the huge collapse which is absolutely a relief for AME investors and holders.
hero member
Activity: 2058
Merit: 761
To boldly go where no rabbit has gone before...
March 29, 2021, 09:10:00 AM
#60
It's not only hunters and airdrop, but seed and private investors.
Even the team could have dumped some of their reserve
full member
Activity: 1148
Merit: 101
March 29, 2021, 06:43:03 AM
#59
it is normal that after the end of an ico / ieo and at the time of listing on a new exchange the value of an altcoin decreases, why does it decrease in value? because the participants in any advertising bounty sell their altcoins so earned immediately after the listing
Aren't bounty participants only getting a small amount of coins with a very limited supply for the bounty? then why do you blame the bounty participants in this case while the investors who buy coins in the project get a very large amount of coins, so try to explain your reasons by accusing the bounty participants for doing this so that you say this is normal.
full member
Activity: 1120
Merit: 101
March 29, 2021, 08:23:06 AM
#59

I am also confused at this summation that bounty hunters are solely responsible for massive dump in the price of many coins after listing, investors who bought those tokens cheaply and massively during pre-ICOs and sold off completely are not blamed compared to a meagre payment to bounty hunters.
Its high time  we stopped blaming hunters after all there are some hunters who still hodl their tokens even after listing and on the case of AME token price dumped should not be blamed on bounty hunters alone some investors too are culprit.
Of course without investors selling I think the movement of tokens when there is a dump will not be too big seeing the amount distributed for the campaign.
or it could also be the fault of the developer not being able to provide a high-demand market for their token.
bounty distribution is carried out then dump occurs. Some investors take advantage of momentum dumps to buy more.
sr. member
Activity: 2590
Merit: 322
SOL.BIOKRIPT.COM
March 29, 2021, 08:12:10 AM
#58
it is normal that after the end of an ico / ieo and at the time of listing on a new exchange the value of an altcoin decreases, why does it decrease in value? because the participants in any advertising bounty sell their altcoins so earned immediately after the listing
Aren't bounty participants only getting a small amount of coins with a very limited supply for the bounty? then why do you blame the bounty participants in this case while the investors who buy coins in the project get a very large amount of coins, so try to explain your reasons by accusing the bounty participants for doing this so that you say this is normal.
I am also confused at this summation that bounty hunters are solely responsible for massive dump in the price of many coins after listing, investors who bought those tokens cheaply and massively during pre-ICOs and sold off completely are not blamed compared to a meagre payment to bounty hunters.
Its high time  we stopped blaming hunters after all there are some hunters who still hodl their tokens even after listing and on the case of AME token price dumped should not be blamed on bounty hunters alone some investors too are culprit.
hero member
Activity: 2576
Merit: 579
March 29, 2021, 03:50:28 AM
#57
Listing magic effect is not working anymore. Sometimes it pumps price, more often not
Actually it is not malfunctioning, but rather the number of discharges carried out at the same time so that it can cause a sharp dump at one time, cases like this have happened very often in the crypto space, so don't be surprised and don't say the effect doesn't have any function.
full member
Activity: 2114
Merit: 182
★Bitvest.io★ Play Plinko or Invest!
March 29, 2021, 03:43:10 AM
#56
Friends i want to ask about a think that i realy cant explain...there is a token called AME that had an ieo price of 0.02...the token get listed on bithumb globale and the price down to 0.006 (bounty hunters and airdrops)...after the sell off end the price go up and stay a long time between 0.01 and 0.013...the team annaunced a new listing at mxc exchange and everyone expect a big incrass(the token had just 2.5 mln$ marketcap at 0.01) but what really happened is that the price decrass to 0.005 within one week and this make me confused...now the price is 0.08 and i start believing that what happened in mxc in the first days wasnt innocent

Who have an idea about the situation?
The price stays at 0.06$ up to now

https://coinmarketcap.com/currencies/amepay/

Though there are Humors that this will end up dumping in the sooner time.

The Bounty Manager is now missing in action , with the bounty payments of the participants so i guess there is some scam happening inside this company.
hero member
Activity: 910
Merit: 525
March 29, 2021, 03:21:17 AM
#55
It is not a surprise if we see a dump comes to the new coin or token because people who already have that new token will sell right away after the token list on the exchange. People will see if that coin has the potential to increase more, but it is not, and that is because of the pump and dump from the people.

If the project really has a good plan and has a good future, the project will slowly lift its position in the market, and the token will have a chance to increase the price later.
It happens almost to all new coin right after the ico and the first exchange listing. The price going wild for few days, some are drop and some experience the crazy token price rising. It's drive by investors psychologist and speculators. After that, the market will determine it self by the real value of its token. Based on how the project team drive the community by providing their promise and deliver a useful product.
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
March 29, 2021, 03:14:57 AM
#54
It is not a surprise if we see a dump comes to the new coin or token because people who already have that new token will sell right away after the token list on the exchange. People will see if that coin has the potential to increase more, but it is not, and that is because of the pump and dump from the people.

If the project really has a good plan and has a good future, the project will slowly lift its position in the market, and the token will have a chance to increase the price later.
sr. member
Activity: 1596
Merit: 264
March 29, 2021, 03:14:28 AM
#53
~

That is the strategy most of the whales used to buy a token. First dump the coin price and starts panic selling and then buy the dip followed by a pump. Some times the price dips because of the selling pressure from bounty participants because it is common for bounty hunters to sell their tokens when ever they get listed on any exchange. So relax, the price will pump in coming days and you will get profit, keep this in your mind that you must sell your token at the first pump.
This is why I don't hodl alts that much sometimes anymore.
This panic selling is quite common than expected especially to what you mentioned, whales.
Bounty hunters selling could just do the minimal, but not much because the allocation to it isn't as big as to the allocation of tokens/coins to other parts if you would look to certain bounty allocation pie chart.
full member
Activity: 1829
Merit: 134
Moderator
March 29, 2021, 02:31:12 AM
#52
Don't think hunters or airdrop holder still has the power to influence the market this days especially as their allocation are now very small compared to years back when that industry was booming, the dumps majorly comes form the early investors that got massive bonus.

The presale investors that bought the tokens at nearly zero price with lots of bonuses to have major bags in the coin and also whales that must have come in before the coins became a trend. These are the step if individual dumping the tokens to manipulate the market and obviously refill their bags.

Each altcoins revolves in circles, they get pumped and dumped simultaneously, same thing is happening to the coin of interest, just know when to buy in and secure profits to avoid closing your trade in lose.
Yeah, It's really different for now, So far bounties allocation only 0,5-3% and sometimes the distribution happens after Exchange listing or distribute with different Batch Scheme some thing like 10%/Month and it's not really have significant effect on the market. And for the market dump i suppose it's normal since some early investor selling their tokens or bonus to get some profit.
legendary
Activity: 2380
Merit: 4265
eXch.cx - Automatic crypto Swap Exchange.
March 29, 2021, 02:23:36 AM
#51
Quote from: sniveel link=topic=5319705.msg56434968#msg56434968
This is a common thing with each project since in the old days. People always blamed bounty hunters and airdrop participants with this thing, but not all the time they are the one to be blamed, remember that only a small percentage is being allocated on bounty and airdrop programs. There are also ICO/IEO investors who do this thing.

Don't think hunters or airdrop holder still has the power to influence the market this days especially as their allocation are now very small compared to years back when that industry was booming, the dumps majorly comes form the early investors that got massive bonus.

The presale investors that bought the tokens at nearly zero price with lots of bonuses to have major bags in the coin and also whales that must have come in before the coins became a trend. These are the step if individual dumping the tokens to manipulate the market and obviously refill their bags.

Each altcoins revolves in circles, they get pumped and dumped simultaneously, same thing is happening to the coin of interest, just know when to buy in and secure profits to avoid closing your trade in lose.
TWW
full member
Activity: 1456
Merit: 109
March 29, 2021, 01:54:44 AM
#50
Agreed, i remember there are lots of people who have sold their coins @1,4 cents was calling the long term holders as the stupidiest person.
I hope that they will regret their decision to blame the long term holders.
I just see that amepay will be launching its own blockchain very soon and i think that we will see another pump again when ame will be migrating into the its own chain.
Cheap fees look possible soon.
AME has great potential in the long term. they have good development. even though there was a dump some time ago. but some updates have been prepared. in the long run, I don't think AME is a bad asset.
the launch of the AME chain itself will be the momentum for the upcoming pump. many say a very low cost will be available on the AME network.
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