Topic: These 24 ICOs raised $2.8 Billion. They have almost 0 trading volume. - page 3. (Read 565 times)
November 27, 2018, 02:01:02 PM
The list looks very spurious and lacks credence in my opinion as most of the names on the list are very unfamiliar, notwithstanding it's not a new idea that ICOs has been on the decline and majority are either outright scams, poorly developed, fail to raise any significant amount or just a replica of some other project.
November 27, 2018, 01:59:58 PM
Some of these don't have that bad of a trading volume. Anything in the millions is quite considerable in the current market. That is assuming it's legit and not washing trading from fake volume exchanges. Only a select few of these are even noteworthy, the rest seem to have been scams or have just faded in to obscurity. The only one of any real merit is TenX.
November 27, 2018, 01:54:53 PM
if seen in more detail, one reason is the lack of a market that supports the coin. if the team's developers want to focus more on market issues I'm sure this won't happen.
November 27, 2018, 01:52:11 PM
Out of this list im personally holding hdac, comsa, envion, dropil, bankera, tenx and swissborg and each one of them has dropped terribly in value by now most of them are way way down below even the ico prices, these projects have raised so much money i think the team should come up and place big buy orders at ico price because investors are in humongous loss at the moment.
November 27, 2018, 01:47:44 PM
As some other members have suggested it is unlikely they collected as much money as they claim, in this industry it is not rare for projects to exaggerate the amount of money they get out of investors, however if those numbers are correct then this is tragedy, because this means the investors put their money in something that most likely is never going to give them any returns.
November 27, 2018, 01:46:51 PM
Are these real numbers or are developers drawn? I do not even know all the ICOs listed in this list, or maybe I'm backward when the ICOs have pretty good sales. The ICOs on the list probably do not appeal to investors. short term is short term. Actually these numbers are virtual.
November 27, 2018, 01:46:16 PM
I haven't even heard of the top 2 on this list. Is it actually proven that they raised these funds or did they just claim to do so to encourage other investment? I can only assume they're known scams with such low volume nowadays.
You look at the trading volumes from the top 20. Cardano has a daily trading volume of less than $ 20 million, Monero 18, IOTA 10, and so on. Over the past few weeks, the market collapsed and we see how small amounts affect the price of these coins. A project with a capitalization of billions of dollars cannot lose 20% with a daily volume of 10 million.
Projects that are listed in the table created only for the rapid enrichment of their owners. Half project fraudulent.
November 27, 2018, 01:27:53 PM
Of the 24 ICO listed in this table, 9 have a daily turnover of less than 100K. Despite the fact that the declared fees of more than 50M. For example, Dragon with a daily volume of 47K collected on ICO 420M (!!!). This is a funny hand-drawn figures.
November 27, 2018, 12:50:15 PM
Just because we only consider ICOs as short term investors so most of the investors will sell their tokens once it hit the exchange and the people when bought it just wait forever for the prices to increase.The ICOs who raised more money are not best so the people who never do research while investing will be suffer now.
November 27, 2018, 12:44:20 PM
This list is ridiculous, i've only heard of a few of these projects. I bet the founders are laughing all the way to panama right now, they will spend a fraction on the project with the rest funding their new lifestyle
November 27, 2018, 12:38:55 PM
I haven't even heard of the top 2 on this list. Is it actually proven that they raised these funds or did they just claim to do so to encourage other investment? I can only assume they're known scams with such low volume nowadays.
November 27, 2018, 10:56:06 AM
The ICO market boomed in 2017. The number of crypto startups is hard to pin down, but most sources agree that is over five hundred were launched in 2017.
In fact, every day last year at least one project was launched, and those ICOs raised more than $5 billion. This year the tendency has stayed the same. By mid-year, the number of ICOs launched was already over 550, and the total raised funds were over $12 billion. The industry is flourishing but is it as good as it seems to be?
The research shows that ICOs have significant economic problems.
In fact, every day last year at least one project was launched, and those ICOs raised more than $5 billion. This year the tendency has stayed the same. By mid-year, the number of ICOs launched was already over 550, and the total raised funds were over $12 billion. The industry is flourishing but is it as good as it seems to be?
The research shows that ICOs have significant economic problems.
Jump to: