Topic: Dwindling of Ethereum Price and its Effects on ICO Projects - page 2. (Read 264 times)
Many projects due to falling market HardCap was SoftCap. Therefore, many of them cannot raise the required amount. This had a very negative impact on the ICO. It seems to me that the output will collect the required amount in coins that do not strongly depend on the market movement. For example USDT
In fact, not all ICO projects need to rely on large amounts of money to operate. I think that even if the project raises enough funds, most of the money will be spent on private wallets rather than development projects!
When the ethereum price are on a bad state, most ico projects are pausing their token sale and trying to change the cap price for their token conversion in ethereum. It would be unwise to still buy even ethereum price is now low.
That is true on some ICO but some are pegged their ico price to USD. I think this is much fair since the eth price is so unstable. With USD's movement the price is much okay especially if youre participating on some ICOs. You dont want to lose the value of your money so much right? Pick those ICOs that pegged in USD to be more safer.
When the ethereum price are on a bad state, most ico projects are pausing their token sale and trying to change the cap price for their token conversion in ethereum. It would be unwise to still buy even ethereum price is now low.
I think that at the moment nothing will change. The Ethereum price will continue to remain at this level or even fall even further, at least until the end of January. It's sad because I'm waiting for Ethereum to grow.
Dwindling price of ethereum is negative to the ICOs because most of the ICOs can't meet their target by raising enough fund to develop the project hence some resorted to extending or postponing tokensale, in short it has not been easy for the ICOs since the price of crypto ethereum is dropping drastically
As the past few months has been about the dwindling in the price of ethereum and bitcoin. It has had a grave effects on the ICO projects which base their soft and hard card on Ethereum. The recent Ethereum market has experienced much rises and falls but the fall has been in a very large extent compared to the rise in the price.
Some project started and cap Ethereum price at USD1,000 but the price is currently below USD200 which can lead to failure to meet up with the caps set bet those projects.
What do you think can be the way outs for such projects?
For almost all projects, it is very difficult to attract investors' funds when conducting an ICO and to achieve hardcap and softcap, because of the unfavorable market situation, including the reduction of the ETH price. But the price of ETH also decreases due to the fact that there is no demand for projects, so everything is interconnected and you need to wait for the market to recover.Some project started and cap Ethereum price at USD1,000 but the price is currently below USD200 which can lead to failure to meet up with the caps set bet those projects.
What do you think can be the way outs for such projects?
As the past few months has been about the dwindling in the price of ethereum and bitcoin. It has had a grave effects on the ICO projects which base their soft and hard card on Ethereum. The recent Ethereum market has experienced much rises and falls but the fall has been in a very large extent compared to the rise in the price.
Some project started and cap Ethereum price at USD1,000 but the price is currently below USD200 which can lead to failure to meet up with the caps set bet those projects.
What do you think can be the way outs for such projects?
of course it is quote obvious that soem cryptocurrnecies depends on ethereum and bitcoin vut i dpubtbtaht many of them are alive Some project started and cap Ethereum price at USD1,000 but the price is currently below USD200 which can lead to failure to meet up with the caps set bet those projects.
What do you think can be the way outs for such projects?
As the past few months has been about the dwindling in the price of ethereum and bitcoin. It has had a grave effects on the ICO projects which base their soft and hard card on Ethereum. The recent Ethereum market has experienced much rises and falls but the fall has been in a very large extent compared to the rise in the price.
Some project started and cap Ethereum price at USD1,000 but the price is currently below USD200 which can lead to failure to meet up with the caps set bet those projects.
What do you think can be the way outs for such projects?
For almost all projects, it is very difficult to attract investors' funds when conducting an ICO and to achieve hardcap and softcap, because of the unfavorable market situation, including the reduction of the ETH price. But the price of ETH also decreases due to the fact that there is no demand for projects, so everything is interconnected and you need to wait for the market to recover. Some project started and cap Ethereum price at USD1,000 but the price is currently below USD200 which can lead to failure to meet up with the caps set bet those projects.
What do you think can be the way outs for such projects?
everything will be fine with the projects that are coming out now. they created themselves at the right time. when the market will grow their token will be very popular. Of course if it is a good project
Most people are of the view that all these ico projects are the main reason behind eth crash, as most of these icos have cashed out to fiat in huge amounts in last few weeks, still im hopeful that eth will regain its highs just wait for reversal that is highly expected in january.
As the past few months has been about the dwindling in the price of ethereum and bitcoin. It has had a grave effects on the ICO projects which base their soft and hard card on Ethereum. The recent Ethereum market has experienced much rises and falls but the fall has been in a very large extent compared to the rise in the price.
Some project started and cap Ethereum price at USD1,000 but the price is currently below USD200 which can lead to failure to meet up with the caps set bet those projects.
What do you think can be the way outs for such projects?
It has no doubt been a turbulent season for ICO projects. This brings us back to the point that project teams should not rely on ICO funds for their projects. They should have a base capital before thinking of floating any token project. We have seen so many successful projects without token sales. So, the issue of reaching hardcap or softcap shouldn't be a factor. The would-be investors can always get your tokens from the exchange of your project is good. Some project started and cap Ethereum price at USD1,000 but the price is currently below USD200 which can lead to failure to meet up with the caps set bet those projects.
What do you think can be the way outs for such projects?
It can be said for sure that the situation with falling prices has a negative impact on ICO projects. Companies are waiting for market improvements for product release. Today it is very difficult to make some assumptions. The cryptocurrency market is unpredictable, can rise, and sink even lower.
For the most part, the following happens: many blockchain projects that pass the ICO stage increase the time or temporarily postpone the start for raising funds, extend the bounty of the company, do not hurry with listing on the exchange. The situation is not rosy.
And many more projects postpone the holding of ICOs or return investors to etherium tokens. And most of the projects now extend the ICO dates.
It can be said for sure that the situation with falling prices has a negative impact on ICO projects. Companies are waiting for market improvements for product release. Today it is very difficult to make some assumptions. The cryptocurrency market is unpredictable, can rise, and sink even lower.
For the most part, the following happens: many blockchain projects that pass the ICO stage increase the time or temporarily postpone the start for raising funds, extend the bounty of the company, do not hurry with listing on the exchange. The situation is not rosy.
As the past few months has been about the dwindling in the price of ethereum and bitcoin. It has had a grave effects on the ICO projects which base their soft and hard card on Ethereum. The recent Ethereum market has experienced much rises and falls but the fall has been in a very large extent compared to the rise in the price.
Some project started and cap Ethereum price at USD1,000 but the price is currently below USD200 which can lead to failure to meet up with the caps set bet those projects.
What do you think can be the way outs for such projects?
the solution that can be taken is to return all investor funds due to the failure of the project that cannot meet the target, with the price of etherum which is so plummeting that it is impossible for investors to benefit Some project started and cap Ethereum price at USD1,000 but the price is currently below USD200 which can lead to failure to meet up with the caps set bet those projects.
What do you think can be the way outs for such projects?
As the past few months has been about the dwindling in the price of ethereum and bitcoin. It has had a grave effects on the ICO projects which base their soft and hard card on Ethereum. The recent Ethereum market has experienced much rises and falls but the fall has been in a very large extent compared to the rise in the price.
Some project started and cap Ethereum price at USD1,000 but the price is currently below USD200 which can lead to failure to meet up with the caps set bet those projects.
What do you think can be the way outs for such projects?
It can be said for sure that the situation with falling prices has a negative impact on ICO projects. Companies are waiting for market improvements for product release. Today it is very difficult to make some assumptions. The cryptocurrency market is unpredictable, can rise, and sink even lower. Some project started and cap Ethereum price at USD1,000 but the price is currently below USD200 which can lead to failure to meet up with the caps set bet those projects.
What do you think can be the way outs for such projects?
As the past few months has been about the dwindling in the price of ethereum and bitcoin. It has had a grave effects on the ICO projects which base their soft and hard card on Ethereum. The recent Ethereum market has experienced much rises and falls but the fall has been in a very large extent compared to the rise in the price.
Some project started and cap Ethereum price at USD1,000 but the price is currently below USD200 which can lead to failure to meet up with the caps set bet those projects.
What do you think can be the way outs for such projects?
Some project started and cap Ethereum price at USD1,000 but the price is currently below USD200 which can lead to failure to meet up with the caps set bet those projects.
What do you think can be the way outs for such projects?
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