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Topic: What happens to coins that peeged their ICO to Ethereum? (Read 865 times)

member
Activity: 383
Merit: 10
for tokens from ico, especially those that focus on ethereum even though the trend of bulish or altseason occurs I don't think it will grow because I think investors know what it's like to lose a large amount if they hold the tokens they invested 2 years ago and now maybe altcoin will not focus on ethereum again but on some eg stellar, eos, binance chain, tron .
member
Activity: 700
Merit: 27
Sovryn - Brings DeFi to Bitcoin
So I have been thinking about this and I want to know the opinion of people too.  Do the price of tokens who pegged to ethereum grow or dump with ethereum?  Will these tokens rise back to their ICO tags when bullish trends return?
Ninety-nine percent of all available ICO Projects are pegged to ethereum because they are using eth erc20 smart contract, so if ETH surge in price it will make the tokens increase as well since its running on the eth blockchain but ETH still depends on Bitcoin mostly,just like every other altcoins
legendary
Activity: 2982
Merit: 1028
Its hard to predict on new token when start listing in market. Many factor why the price fall or rising but i think mostly depend on the project and which exchanger start listing. If the exchangers is big like binance, it will increase confident for their investor
but for new coins it won't be easy to list there because the fees are very expensive unless they really partner and do IEO there, attract investors not from where the coin listing but all seen from products they develop
The finished product that they offer will determined the directions of the project, if they provide useful service or platform that attract investors the chance of getting good supports and bounced again is high, it will be in the hands of the team behind on how they will penetrates the market to be well known and invites more participants to support and follow the developments of the project they introduced.

Fate of those coins will depends from the full implementations of the products and from the huge support of the communities to achieved success.
member
Activity: 775
Merit: 11
usually when tokens generated from the ethereum network can grow if ethereum prices can move significantly upward. but in reality it did not happen in 2018/2019, because at present bitcoin dominates the market and does not have an impact on rising prices for ethereum, plus many cases of project fraud and this is also one of the things that affect the good fortune and bad fortune of tokens using platforom ethereum.
full member
Activity: 728
Merit: 100
Its hard to predict on new token when start listing in market. Many factor why the price fall or rising but i think mostly depend on the project and which exchanger start listing. If the exchangers is big like binance, it will increase confident for their investor
but for new coins it won't be easy to list there because the fees are very expensive unless they really partner and do IEO there, attract investors not from where the coin listing but all seen from products they develop
legendary
Activity: 1946
Merit: 1137
So I have been thinking about this and I want to know the opinion of people too.  Do the price of tokens who pegged to ethereum grow or dump with ethereum?  Will these tokens rise back to their ICO tags when bullish trends return?

Its hard to predict on new token when start listing in market. Many factor why the price fall or rising but i think mostly depend on the project and which exchanger start listing. If the exchangers is big like binance, it will increase confident for their investor

that's only for short term work of these tokens and it is only because they are being pumped and dumped and that this scheme is completely unpredictable. but the long term destination of all of them is completely clear. they are all headed down to zero and death. the only factor affecting that is their own uselessness. where they are listed won't change anything though.
jr. member
Activity: 406
Merit: 1
That's not a news again we all know most of this coins depend on ethereum, if ethereum is growing they to if ethereum is dropping they to.
sr. member
Activity: 1428
Merit: 251
So I have been thinking about this and I want to know the opinion of people too.  Do the price of tokens who pegged to ethereum grow or dump with ethereum?  Will these tokens rise back to their ICO tags when bullish trends return?

Its hard to predict on new token when start listing in market. Many factor why the price fall or rising but i think mostly depend on the project and which exchanger start listing. If the exchangers is big like binance, it will increase confident for their investor
full member
Activity: 1148
Merit: 116
99% of ICO projects are running off erc20 blockchain and this means that if ETH surge in price and the ICO projects funds will be in massive gain but if price falls then the ICO funds is in big trouble ,only ICO projects that have there own block chain are safe
member
Activity: 742
Merit: 16
Its not a new thing that many ICO projects runs on erc20 ETH blockchain and the fact is if ETH loses its value the ICO project gains goes down as well ,don't forget that this is why many ICO projects became success in 2017 due to the almighty bullrun
sr. member
Activity: 854
Merit: 250
The same thing happens as with the whole market; the price of the ethereum falls; the price of the project token falls; developers sell Ethereum to stay afloat, which leads to an even greater drop in price.
copper member
Activity: 812
Merit: 6
It is a really sad story actually, some project raise money when eth was $500 and they still not get listed, smart project are fix into fiat or usdt their raised funds, but someone not and they got -90% and now dont have money even for listing..
copper member
Activity: 308
Merit: 1
I think this was the major rice why the huge dump with etherium pegged tokens and ICO's, more than 90% of the ICO's that were developed under etherium contract were dumped on listing. Majority of those coins were initially listed on decentralized exchanges where the trade pairs are mostly etherium, obviously as the trade pair dumps the token dumps too
member
Activity: 532
Merit: 17
So I have been thinking about this and I want to know the opinion of people too.  Do the price of tokens who pegged to ethereum grow or dump with ethereum?  Will these tokens rise back to their ICO tags when bullish trends return?

If the price of ICO pegged with ETH, then there will be advantage and disadvantage later.
The team will suffer from loss value if the market dump, but will gain profit if the market pump like now.
I guess it is better to pegged in USD value, so it won't be affected by the volatility of ETH price.
hero member
Activity: 784
Merit: 500
If the token has a big demand, then the market starts to influence it. If the token has no demand, the market does not affect it.
It is obvious to expect the decent return for the coin if the price of the token is pegged to ETH price. Fixed price tokens are not a great idea because of the constantly changing market prices. Volatility is the double edge sword in this situation.
hero member
Activity: 2996
Merit: 598
Leading Crypto Sports Betting & Casino Platform
So I have been thinking about this and I want to know the opinion of people too.  Do the price of tokens who pegged to ethereum grow or dump with ethereum?  Will these tokens rise back to their ICO tags when bullish trends return?

It still depends on the trust of the investors on those coins,  I've checked my portfolio and some of them are even going down, even if the price of ethereum is going up, CCN which is a coin I am about to receive later this month is down 69% and so are many of my coins.
legendary
Activity: 1484
Merit: 1004
not all tokens will experience price increases even though the bullish trend is back because all returns to the development of the project and everyone's interest in the project, if indeed there is a lot of development it is likely to rise when the bullish trend returns 90% but if you don't have good news then don't expect anything from the project

Yes, that is what happens now with the increase that occurs in the market will not determine the increase in tokens, depending on investor interest in tokens, let us examine properly whether it is true or not with all the developments that the team has promoted, even though Ethereum has no effect very much available in the market without investors taking part in it, I agree with that a little.
sr. member
Activity: 1274
Merit: 267
If the token has a big demand, then the market starts to influence it. If the token has no demand, the market does not affect it.
That doesn't answer OP question. I think he is curious if a erc20 token price is influenced by ethereum price or not. Well, the answer should be even erc20 tokens doesn't mean they will always follow ethereum price. But indeed, they are all following Bitcoin price. Also, project development and massive marketing will push the demand on the market which affects tokens price.
full member
Activity: 994
Merit: 100
not all tokens will experience price increases even though the bullish trend is back because all returns to the development of the project and everyone's interest in the project, if indeed there is a lot of development it is likely to rise when the bullish trend returns 90% but if you don't have good news then don't expect anything from the project
copper member
Activity: 224
Merit: 1
So I have been thinking about this and I want to know the opinion of people too.  Do the price of tokens who pegged to ethereum grow or dump with ethereum?  Will these tokens rise back to their ICO tags when bullish trends return?

Some coins do well with ethereum when there's bull run. I have seen some that actually go above ethereum, ie when ethereum price is dropping they keep rising. It all depends on the project and developers.
hero member
Activity: 1414
Merit: 516
Sometimes they grow and sometimes price drop, all depends on my opinion on how much money are on crypto and also how many people want to buy a coin and how much is total supply.
full member
Activity: 1176
Merit: 100
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jr. member
Activity: 280
Merit: 1
Not all tokens will be wasted just like that, indeed many are associated with Ethereum but there are some that grow well. I think that depends on the hard work of the team and also the investors. A great team will definitely produce a great project.
member
Activity: 630
Merit: 10
All of them thought that they will sell their Ethereum for 1500$ but the reality was a selling for 150$ that means 10 times of predicted profit and that is a lot (see how big soft caps icos have).
I totally agree with you.  But I would also like to draw your attention to the fact that the cryptocurrency market has fallen, and on the ico market, developers are offering investors to buy tokens at high standard prices.  After listing, these prices fall a hundred times And this is also unfair.  Who will invest at such prices, if it is better to buy a coin in the market.
legendary
Activity: 1302
Merit: 1037
Unfortunately the Ethereums price lost open the worst path for the ICO business and i believe it was the biggest reason for crush. Nearly all ICO projects were using the Etherum for selling their coins and the price were $1350 in january 2018. With this raise everyone attacked to ICO's and invested just like crazy! And when the ETH price started to drop all project started to die slowly and we came to this point..
I will like to see it from the reverse angle from your last point, I think it was when project started to fail and being dumped, that ethereum started to lose its value, and the value of ethereum now is currently being maintained by direct investors and few through the projects that are still running on ETH smart contracts.

Most ETH based projects are already loosing value as they are not fully developing their projects, thereby not being able to attract investors that will acquire there token through ethereum, which I personally believe that it is the reason why the growth in price f Eth is daunted.
full member
Activity: 882
Merit: 102
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All of them thought that they will sell their Ethereum for 1500$ but the reality was a selling for 150$ that means 10 times of predicted profit and that is a lot (see how big soft caps icos have).
full member
Activity: 658
Merit: 112
Unfortunately the Ethereums price lost open the worst path for the ICO business and i believe it was the biggest reason for crush. Nearly all ICO projects were using the Etherum for selling their coins and the price were $1350 in january 2018. With this raise everyone attacked to ICO's and invested just like crazy! And when the ETH price started to drop all project started to die slowly and we came to this point..
jr. member
Activity: 392
Merit: 2
ERC-20 coins are following not only ETH but BTC and the entire market. The price of the coin depends on the project itself
how they are fulfilling their promises. If the project is promising they should pump as well during the bullish trend and recover.
full member
Activity: 1026
Merit: 110
Need Bounty manager ? Contact @repear71
One of ICO's goals sets their coins at eth prices because it attracts investors who want to invest their money. Besides that, benchmarking with eth makes it easy to actually calculate the token value offered by this ICO. With eth values, we know that one eth is equal to how many tokens. I am of the opinion that tokens pegged with eth values will have greater movements in the market. These coins that are pegged with eth will also often be exchanged for eth values and that becomes more interesting. This token will be more easily increased in price on the market especially if part of the payment or bonus uses eth then it will be very interesting.
sr. member
Activity: 1274
Merit: 267
I think 95% of tokens seem to drop when ethereum does. They are children of the ETH ecosystem so when eth falls, they do as well.
Nope, most of tokens performance actually depends on Bitcoin performance, no doubt!
What makes ethereum's token price fall or grow, beside the Bitcoin, is the performance of the company (marketing, develpment progress, partnership) and its community. I think people are moving from technical analysis to the fundamental one.
hero member
Activity: 1358
Merit: 509
The majority is already based on the ETH. So, it is something originating from ETH's power. If the projects you are dealing with are bad, then you are not looking at the right place. And if these are the new ICOs, its reason is repeatedly stated.
hero member
Activity: 2842
Merit: 772
It doesn't matter if it's pegged in ETH or not. Any project will always experienced a massive dump after it's been listed in an exchange.

I also saw one project which I think wanted to be stable coin, however, as I have said, its been dump by whoever (bounty hunters or investors) and now the value is way below $1.
full member
Activity: 980
Merit: 114
It depends on the general market conditions, most tokens operate on the ethereuem blockchain but their token price does not go with ETH because what determine their price is the ability to command high demands in the market and that in most time have to do with the working product that support the token so in this case even if ethereuem price is going down such coin will still be increasing.
full member
Activity: 1260
Merit: 102
The price of a token depends on supply and demands. If the demand is there then the price will increase and if the demand is not there then the price will fall. It don't depend on ethereum at all. The other factors that relate to it are the team behind the project. IF they can manage the price well by providing a utility of the token then yes, the price goes up.
full member
Activity: 616
Merit: 103
A Blockchain Mobile Operator With Token Rewards
So I have been thinking about this and I want to know the opinion of people too.  Do the price of tokens who pegged to ethereum grow or dump with ethereum?  Will these tokens rise back to their ICO tags when bullish trends return?
I encounter some projects recently that accepting ethereum as a payment in their token sale or fund raising. When their ICO comes to an end, the development team suddenly discussed that their might be some changes in the ICO period, they extend it for the reason of the ethereum breaks down in terms of price. Some people are discouraged but take note that it is for the sake of the project to become successful.
sr. member
Activity: 517
Merit: 257
CryptoTalk.Org - Get Paid for every Post!
I think 95% of tokens seem to drop when ethereum does. They are children of the ETH ecosystem so when eth falls, they do as well.
sr. member
Activity: 854
Merit: 281
Projects that built their programs on Ethereum will depend on the growth of the protocol to succeed, hence why choosing the protocol they build on top of is a very important decision. Though Ethereum has been slow to make upgrades, it is highly regarded and still popular in the industry as a smart contract platform. As Ethereum implements the upgrades, the Dapps built on top of it will see greater use and potentially value.
hero member
Activity: 3066
Merit: 536
Leading Crypto Sports Betting & Casino Platform
For example, some projects want to take fixed token allocation with pegging the ETH'value to 120 euro. After the end of the token sale, token's price will be decided by the traders in newly listed exchanges.
Pegging to the value of ethereum will not help anything because the price will have determined by the traders and demand itself in the market. Nothing happened and so many icos have used this idea and this idea can't help them all to touch the ico price.
jr. member
Activity: 226
Merit: 4
The price of  the tokens  on the  ETH platform  are highly correlating to BTC and ETH and to the overall market
situation. Those tokens which represents value will increase for sure when the market recover.
jr. member
Activity: 154
Merit: 1
To me is not always a good gamble because it can go wrong if the market goes the other way round. Ico will only gain much from it if Ethereum moon after the crowdsale and it can also be loss if get dumped after their sale
hero member
Activity: 1470
Merit: 521
No more Rekt and Bust
For example, some projects want to take fixed token allocation with pegging the ETH'value to 120 euro. After the end of the token sale, token's price will be decided by the traders in newly listed exchanges.
member
Activity: 276
Merit: 10
So I have been thinking about this and I want to know the opinion of people too.  Do the price of tokens who pegged to ethereum grow or dump with ethereum?  Will these tokens rise back to their ICO tags when bullish trends return?

I am sure that many projects with the return of the bulls will sharply go up in price. However, to give you a qualified answer, you need to name a few of your tokens.
member
Activity: 749
Merit: 13
It depend how great their project and how hard work their team to make inovation. As i know project with good plan will continous their project same as their whitepaper and roadmap. Mostly really hard to find good project because most of them only want investor money and no doing anything like trying listing into market. We can call it failed project. Even ethereum in deep price but if ICO project have good plan and always improve it will raising their price also if ethereum reach new ATH.
full member
Activity: 476
Merit: 100
Most ICO sets the price of tokens with Ethereum, because they use a smart contract system from the Etherum network. So, this is a clear reason why ICO often sets prices with ETH.
member
Activity: 462
Merit: 13
So I have been thinking about this and I want to know the opinion of people too.  Do the price of tokens who pegged to ethereum grow or dump with ethereum?  Will these tokens rise back to their ICO tags when bullish trends return?
I believe everything will still get better with time. The rate at which ethereum is growing is quite encouraging and that is sign of good omen for good project ts that are using the platform of ethereum and are listed with ethereum! Pair on exchanges. I believe there is no cause for alarm.
full member
Activity: 1498
Merit: 146
So I have been thinking about this and I want to know the opinion of people too.  Do the price of tokens who pegged to ethereum grow or dump with ethereum?  Will these tokens rise back to their ICO tags when bullish trends return?
Surely the prices of tokens will rise if there is strong bull run only if the token is alive and I can bet that most of the ICOs tokens were already dead so don't expect those coins to be bullish when bull run on ethereum.
full member
Activity: 686
Merit: 104
linking tokens / coins to the etherum smart contract is the easiest for the time being than the other smart contracts. but it can actually be a bomerang for that coin. because of the risk of scam and finally a dump. that's just my opinion about this, but I think if the coin is potential, then the pump will also happen.
jr. member
Activity: 714
Merit: 3
So I have been thinking about this and I want to know the opinion of people too.  Do the price of tokens who pegged to ethereum grow or dump with ethereum?  Will these tokens rise back to their ICO tags when bullish trends return?
This depend on project. There are quite some good number of projects that are making head-way despite the present price of ethereum. If ethereum should eventually surge, then the impact will be felt on a lot of coins, even some shit coins will go uptrend, but its better you choose the good ones from the outcome of your research.
sr. member
Activity: 854
Merit: 250
The same thing happens as with the whole market; the price of the ethereum falls; the price of the project token falls; developers sell Ethereum to stay afloat, which leads to an even greater drop in price.
member
Activity: 291
Merit: 15
So I have been thinking about this and I want to know the opinion of people too.  Do the price of tokens who pegged to ethereum grow or dump with ethereum?  Will these tokens rise back to their ICO tags when bullish trends return?
I don't think price of tokens is pegged to ethereum, it shouldn't be. They run on top of ethereum network but their values should be independent.
I think it depends mostly on project and how successful it is.
member
Activity: 439
Merit: 10
It depends on how much this token is dependent on Ethereum. Some of them accurately copy the price of Ethereum, and some develop by themselves. But mostly the crypto market follows bitcoin. But, not all coins either.
hero member
Activity: 1458
Merit: 509
So I have been thinking about this and I want to know the opinion of people too.  Do the price of tokens who pegged to ethereum grow or dump with ethereum?  Will these tokens rise back to their ICO tags when bullish trends return?

I prefer the ICO to be pegged in USDT since it is more stable and relatively moving ups and down. If the project pegged into eth, you can see the impact once the eth fall hard the money invested scrambled in fear. Also this will make the project short on budget for development. If I were you I'll choose ICOs that pegged in USD rather than eth or btc.
He was talking about the correlation between the price of token and ethereum.  Ethereum will not give a lot of impact to the price of token but the bitcoin does it. When ether was plunged and that should be the bitcoin was doing the same thing too.
full member
Activity: 658
Merit: 100
A lot of them are currently undervalued and lost a lot of money but in the long term the ones that provides a working product will survive in the end and decouple from the ether peg
jr. member
Activity: 434
Merit: 1
Pozess - The Photo Sharing Fashion Marketplace Tha
It all depends on the coins themselves and what exactly they are, but I am sure that most coins will show growth!
member
Activity: 287
Merit: 10
That's for sure, all altcoins that are connected on the Ethereum platform will follow the price of Ethereum. So if the Ethereum price rises then the altcoin (ERC20) will also rise, but if the Ethereum price drops then the altcoin (ERC 20) will also go down.
full member
Activity: 527
Merit: 113
So I have been thinking about this and I want to know the opinion of people too.  Do the price of tokens who pegged to ethereum grow or dump with ethereum?  Will these tokens rise back to their ICO tags when bullish trends return?

I prefer the ICO to be pegged in USDT since it is more stable and relatively moving ups and down. If the project pegged into eth, you can see the impact once the eth fall hard the money invested scrambled in fear. Also this will make the project short on budget for development. If I were you I'll choose ICOs that pegged in USD rather than eth or btc.
sr. member
Activity: 812
Merit: 250
If the token that associates itself with ethereum or uses the ethereum platform then when the ethereum price drops they will experience a shortage of funds based on the platform even though the price of the token does not go down or increase, because the calculation of their platform will obviously experience a reduction in funds in ico.
jr. member
Activity: 498
Merit: 1
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I think think pegging a coins price to Ethereum will have effect on it's price after listing, because at any point the price of ETH usually have a dollar equivalent. So those who wish to sell their coins will be looking at the current price of ETH in order to sell their coins.
member
Activity: 1540
Merit: 68
So I have been thinking about this and I want to know the opinion of people too.  Do the price of tokens who pegged to ethereum grow or dump with ethereum?  Will these tokens rise back to their ICO tags when bullish trends return?

Nothing happens to such coins because they peg the prices in Ethereum in USD and not in gweis
So they are definitely not at loss

Only investors has a lot to worry about
sr. member
Activity: 868
Merit: 267
SecureShift.io | Crypto-Exchange
I don't think it will be bullish according to the previous price, maybe it will only go up by a benchmark of 10% because now people are still focusing on bitcoin & ethereum.
full member
Activity: 375
Merit: 101
So I have been thinking about this and I want to know the opinion of people too.  Do the price of tokens who pegged to ethereum grow or dump with ethereum?  Will these tokens rise back to their ICO tags when bullish trends return?

The token which was created on the Ethereum platform has its own price. But theoretically, if its price stays in place, it really grows when the Ethereum price goes up.
legendary
Activity: 2464
Merit: 1020
Be A Digital Miner
So I have been thinking about this and I want to know the opinion of people too.  Do the price of tokens who pegged to ethereum grow or dump with ethereum?  Will these tokens rise back to their ICO tags when bullish trends return?

It doesn't matter if token pegged to ETH or not, it will correlate with bitcoin much more than with any other asset. BTC is the leader of the market from any point of view.
copper member
Activity: 411
Merit: 1
Yeah, but the question is do they also go with the growth of ethereum when it rises or bullish?
sr. member
Activity: 784
Merit: 314
So far as I know , all ico that pegged into eth is always dump when it hit on exchange.
I don't know why this happen. I think this happen because the price of eth that also dump.
hero member
Activity: 3150
Merit: 636
DGbet.fun - Crypto Sportsbook
Some grew but many have been dumped. We will never know unless we see most of them recover and only time can tell about that day. And ethereum just became the contract and platform they have used to generate their own token but if its about the growth, it all depends to the developers.

Sometimes yes sometimes no, usually tokens grow alongside with bitcoin not just ethereum, im pretty sure each coin will be at their peak again when bullrun comes again, there are some tokens that can reach their ico price when there are some hype happening or an update of the project.
It will come again and bitcoin will show its strength again. But the reality here is that some may recover but many won't be the same. Don't think that all of these altcoins will recover just because of bitcoin, if they are totally dead they will  be dead.
copper member
Activity: 157
Merit: 0
Best solution for smart cities
I do not think because they pegged their price to Ethereum during ICO, their price upon listing would be affected as well, a lot of ICOs did this and they are thriving while some others did it as well and are flopping badly now. So it all depends on the team and community.
sr. member
Activity: 686
Merit: 264
"STAY IN THE DARK"
They might move along with ETH but if the project is decent enough it should start to move away into it's own path.  There are a few that have used ETH for the ICO and then broke off onto their own platform.
They don't even have hope on their token for creating their own blockchain then this project don't reach a successful phase in long term.Good to find a project which is actually working based on their plan not based on the situation.
full member
Activity: 1554
Merit: 101
i dont think so, not just in ethereum but in btc too. even if that project have new update they will reach it back.
we can see tron, i forgot the price when ico but its around 0,001$ then when bullrun come in late 2017 it jump so higher
i think more than 100x time, because i see the higher price is was 0,25$ with marketcap 16B$.
full member
Activity: 541
Merit: 137
So I have been thinking about this and I want to know the opinion of people too.  Do the price of tokens who pegged to ethereum grow or dump with ethereum?  Will these tokens rise back to their ICO tags when bullish trends return?
During ICO phase, usually pegged with ETH but after ICO / Token Sale end, most of investor will calculate it with fiat (when they buy on ICO and when they want to sell it after listed on market)
legendary
Activity: 1848
Merit: 1000
They might move along with ETH but if the project is decent enough it should start to move away into it's own path.  There are a few that have used ETH for the ICO and then broke off onto their own platform.
copper member
Activity: 154
Merit: 0
IMO Exchange - Customer First.
This all depends on the team behind the projects, for some projects, they instantly convert their contributions to USDT once it is received and sometimes they don't even list in the ETH trading our awhen they list in exchanges and so their only ffialiatiin with ETH is the fact that maybe their token is an ERC-20 token and nothing more.
copper member
Activity: 196
Merit: 2
Over 70% of ICOs tend to peg the price of their token to Ethereum but do not forget the fact that even those not pegged to Ethereum are also suffering because the whole market is down and not just the price of Ethereum, so this should be a question for every project that are seeking to accept funds with Cryptocurrencies.
hero member
Activity: 1582
Merit: 670
So I have been thinking about this and I want to know the opinion of people too.  Do the price of tokens who pegged to ethereum grow or dump with ethereum?  Will these tokens rise back to their ICO tags when bullish trends return?
It's not pegged with the price of ethereum, whole of altcoins are pegged with the bitcoin. The price of tokens are also following the price of bitcoin. Even most of them pegged to the ethereum platform doesn't mean if that can give a lot of domination to the price too.

This is not exactly the case. The ETH-based also has a set price based on BTC. In fact, if you examine a coin or token in each market in the market you can see different pricing.
hero member
Activity: 3066
Merit: 536
Leading Crypto Sports Betting & Casino Platform
So I have been thinking about this and I want to know the opinion of people too.  Do the price of tokens who pegged to ethereum grow or dump with ethereum?  Will these tokens rise back to their ICO tags when bullish trends return?
It's not pegged with the price of ethereum, whole of altcoins are pegged with the bitcoin. The price of tokens are also following the price of bitcoin. Even most of them pegged to the ethereum platform doesn't mean if that can give a lot of domination to the price too.
legendary
Activity: 1596
Merit: 1011
So I have been thinking about this and I want to know the opinion of people too.  Do the price of tokens who pegged to ethereum grow or dump with ethereum?  Will these tokens rise back to their ICO tags when bullish trends return?
actually that ethereum has a good platform, Ethereum has a smart contract that is easily applied with various projects. this is what causes an increase in prices against ethereum. there is basically every project free to choose the platform they will use, with this because ethereum has a large market, so most dev projects choose ethereum as the platform they use.
hero member
Activity: 1176
Merit: 501
If these tokens keep their ETH value and the USD price of ETH rises, it's obvious that the USD price of these tokens will raise too. Regarding if these tokens would reach their ICO price again it would depend on how much they have lost, but it will be difficult without a proper development of the project.
full member
Activity: 980
Merit: 109
I think yes. But, of course, if we are talking about those projects that are developing, release product releases. If the project is abandoned, then I do not think that its tokens will be able to show some kind of price increase.
member
Activity: 742
Merit: 16
Due to my own research 99% of ICOs that are launched on Ethereum erc20 will always follow the footpath of ETH ,so when surge in price happens to ethereum the tokens will follow the uptrend and when ETH falls in price they do same and if bitcoin surges in price all the altcoins will surge to including ETHEREUM
sr. member
Activity: 1260
Merit: 251
There are those who can reach it and some are not, it all depends on the project they are working on and how much the product benefits to the community. But remember, the average will increase when bullish, because there is a pump.
hero member
Activity: 1232
Merit: 503
Sometimes yes sometimes no, usually tokens grow alongside with bitcoin not just ethereum, im pretty sure each coin will be at their peak again when bullrun comes again, there are some tokens that can reach their ico price when there are some hype happening or an update of the project.
copper member
Activity: 411
Merit: 1
So I have been thinking about this and I want to know the opinion of people too.  Do the price of tokens who pegged to ethereum grow or dump with ethereum?  Will these tokens rise back to their ICO tags when bullish trends return?
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