Pages:
Author

Topic: Is it normal for ICO prices to drop once they're listed on the exchange? - page 4. (Read 879 times)

sr. member
Activity: 546
Merit: 250
Yes, this happens very often, due those two reason:

1. Bounty hunters are dropping their tokens instantly after they get it without looking at price

2. ICO have mid-to-low success and people don't want to buy token until they see some project development.

I agree with you that many bounty hunters wait eagerly for the coin to be listed on an exchange to sell their free earned tokens and get bitcoin/ethereum/cash in exchange. So the dev plays it quite well dumping the coin initially and after 2,3weeks it mentain to follow the roadmap.
sr. member
Activity: 602
Merit: 263
ICO should really low the amount paid as bounty to the members. Actually I am seeing people investing on ECR20 tokens just for pumping asap when hit the exchanges. Binance is one of them, because they are listing every damn token there and once it is listed, the pump happens but  you will not want to see what comes after.
member
Activity: 252
Merit: 10
The Experience Layer of the Decentralized Internet
In fact, it's quite normal. There are many speculators in the ICO market today. Many people think about selling the ICO after the exchange, so the price will fall.
brand new
Activity: 0
Merit: 10
Maybe during ICO they give too much extra bonus, like +50%.*Then people just want to take their money and leave the currency  Angry
legendary
Activity: 2996
Merit: 1132
Leading Crypto Sports Betting & Casino Platform
So it seems a lot of ICO's are running with $1 per coin during the ICO - but then dropping well below that price once they're listed on an exchange.

Is this a normal thing for an ICO at least initially while they're working on getting their project fully operational?

Are they setting the $1-$2 a coin so they can make sure they're fully funded to get the project started and on it's way vs trying to sell shares for pennies or dimes?

But why wouldn't the price of an ICO hold at what that price was?  Just because initial founders are dumping their coins to get some cash out and forcing the hand/price to go down based on supply & demand?
Really. These days, many icos allocate a reasonable amount to the bounty hunters and then when they throw the coin in the market all those who have won for free their tokens fall without everything without thinking twice and this ends up pulling the price of the down allied currency we also have disbelief of the currency investors recently launched in the exchanges many people are left behind before investing any amount and choose to wait until it stabilizes in a standard price to later buy.
full member
Activity: 630
Merit: 100
When you 'normal' that could mean so many things. When ICO hit the exchange , the price can be affected in many ways than one! The bounty hunter may drop their share and some investor might also want to take profit especially if there is any gain to be taken. But many ICO i have seen this year move 10 times immediately they are on exchange e.g powr,eos etc.
newbie
Activity: 87
Merit: 0
Usually they do but then again they recuperate after a few weeks
full member
Activity: 616
Merit: 100
First Islamic Crypto Exchange
The all bounty hunters sell coin after they listing on exchange, but have some examples were coin was up, for example Cindicator
member
Activity: 118
Merit: 10
it's very normal for prices to drop. you'll find that most bounty holders will drop which in turn drops the price but you tend to find people that have been following the projects then buy in at low prices and look at holding longer term until the prices stabilise.
hero member
Activity: 672
Merit: 500
So it seems a lot of ICO's are running with $1 per coin during the ICO - but then dropping well below that price once they're listed on an exchange.

Is this a normal thing for an ICO at least initially while they're working on getting their project fully operational?

Are they setting the $1-$2 a coin so they can make sure they're fully funded to get the project started and on it's way vs trying to sell shares for pennies or dimes?

But why wouldn't the price of an ICO hold at what that price was?  Just because initial founders are dumping their coins to get some cash out and forcing the hand/price to go down based on supply & demand?

It's obviously a common occurrence. ICOs are always a gamble and there is no guarantee whatsoever that the price of what you buy is going to go up in the future, and for tokens to go down because of speculation is definitely possible.

Initial founders cashing out could be one reason, definitely. Especially for a crappy ICO project.

But otherwise it's just supply/demand. If people don't see the project going anywhere they are more likely to dump their tokens for a loss, for the readily accessible cash.
full member
Activity: 294
Merit: 101
ELYSIAN | Pre-TGE 5.21.2018 | TGE 6.04.2018
Yes it is normal that price of any coin dumps after listing on exchanges because bounty stake holders and the big investor who got good coins  with huge bonus will sell their coins for fast cash and book their profit. and if the project have really good future , its might be possible the coin can rise after and I have seen the first coine, GVT coin which rose more that 8x after ICO.
MV7
full member
Activity: 322
Merit: 107
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
Yes, it's quite normal because bounty hunters and early buyers who get a large discount, are likely to take the profits and run. Decentraland (mana) is doing quite well now, but when it was first listed on bittrex, it dumped quite a bit. Also depends on marketing after the ICO
hero member
Activity: 770
Merit: 500
Bazinga!
yes it is very common and it is a logical thing to happen too.
when something is listed on an exchange that means people are capable of selling it now. and they will surely sell and at the same time, there are less people willing to buy it either because they know the dump is going to happen or see it happening and wait for a lower price. whatever their reason, the result is the same. there is more sells than there are buys so the price drops at first.

later after this dumping phase was over, if the project is decent it will rise and go higher than the initial value. if it is not, then it will have a small recovery and then drop some more.
full member
Activity: 294
Merit: 103
Yes it is since a lot of early investors are there only because of the profit and not because they bellive in it and they are ussualy the first ones that dump it as soon coin hits a market.Then they took that profit and invest in other ico and start the same thing over again.Most of the icos bring fast and sure profit over few months of investment period and some of them give huge profits like stratis did
member
Activity: 234
Merit: 10
So it seems a lot of ICO's are running with $1 per coin during the ICO - but then dropping well below that price once they're listed on an exchange.

Is this a normal thing for an ICO at least initially while they're working on getting their project fully operational?

Are they setting the $1-$2 a coin so they can make sure they're fully funded to get the project started and on it's way vs trying to sell shares for pennies or dimes?

But why wouldn't the price of an ICO hold at what that price was?  Just because initial founders are dumping their coins to get some cash out and forcing the hand/price to go down based on supply & demand?
Yes, some ICO doesn't hold up the hype if the ICO take too much time so investor tries to cut the loss.
member
Activity: 99
Merit: 10
In general, buy the price after leaving the hands are normal ups and downs.
However, it is not possible to exclude the malicious manipulation of altcoin by some bookmakers. The phenomenon is almost everywhere in the blockchain world. Therefore, you need a good judgment, after all, no regret.
full member
Activity: 420
Merit: 100
Qravity is a decentralized content production
So it seems a lot of ICO's are running with $1 per coin during the ICO - but then dropping well below that price once they're listed on an exchange.

Is this a normal thing for an ICO at least initially while they're working on getting their project fully operational?

Are they setting the $1-$2 a coin so they can make sure they're fully funded to get the project started and on it's way vs trying to sell shares for pennies or dimes?

But why wouldn't the price of an ICO hold at what that price was?  Just because initial founders are dumping their coins to get some cash out and forcing the hand/price to go down based on supply & demand?
This happen a lot because the ico offer bonus that lowered the token price and there are bounty hunters that get their token for free so the price doesn't matter for them. Another reason is the ico oversold and because of that it's hard to generate demand after being listed at the exchange because most people already buy from ico.
newbie
Activity: 18
Merit: 0
Bounty hunters, block investors, early investors who got a better price than the ICO price looking to book some profit. It's fairly normal with stocks as well if there's no lock-in period.
copper member
Activity: 648
Merit: 159
normal thing, some of em want to make fast profit, so they just sell their token at whatever price at market. Presale, discount price, bounty hunter, airdrops user, this can make that thing happend
full member
Activity: 252
Merit: 107
Not Found
I've seen soooo many ICOs dump after launched on exchange. Have even seen ICOs on exchange with a lower price than an ICO in progress - I remember buying Centra at a 20% discount on etherdelta while the ICO sale was going on.  That was fun haha

But have you ever seen an ico increase in value when its ico tokens are released?

Watching electroneum when ico funds release in a few hours. Its a great project, I think it will recover fine from its dip.
Pages:
Jump to: