Topic: Is it normal for ICO prices to drop once they're listed on the exchange? - page 5. (Read 879 times)
December 13, 2017, 01:21:28 AM
Founders, Developers, Advisory team and bonus hunters drop the coins to get $$$. Then they buy ethereum and take another ICO round.
December 13, 2017, 01:12:25 AM
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
December 13, 2017, 12:56:46 AM
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, many whales are involved on presale, they have discounts ranging from 10 to 100 %! when listing on a exchange, they record a profit due to discounts received on presale! so the price goes downIs 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?
December 12, 2017, 11:54:46 PM
From my experience the ones that tanked after the ICO are generally the overly hyped ones with huge bounty campaigns and/or bonus structures like Monetha and Kickcoin. The under the radar projects with verifiable businesses and teams generally go up after the ICO as people start to learn about them after they hit the market.
December 12, 2017, 11:52:27 PM
ICO set their token price as they wish because there is no rule or guide on that. Many ICO tokens can get dumped when listed because of different reasons like if there was pre-ICO before offering 50%+ discount, lots of tokens distributed to bounty participants, There is not much development after ICO etc.
SO yes it is possible but there are also few tokens whose price shoot by more than 2x just after one day of listing
SO yes it is possible but there are also few tokens whose price shoot by more than 2x just after one day of listing
December 12, 2017, 11:50:55 PM
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.
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.
December 12, 2017, 11:46:22 PM
bump
December 12, 2017, 09:55:58 AM
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?
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?
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