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Topic: Why Big Successful ICO Coins Price are sinking? - page 11. (Read 2108 times)

member
Activity: 253
Merit: 10
Because of huge bonuses on presale and other early stages. I mean that most of teams have very bad plan for the market entrance and investors do not get it.
member
Activity: 560
Merit: 10
The market is generally bad so it is really difficult to identify the coins that are really dying and those that are under the influence of the near market. But those coins with strong foundation and solid projects will still survive this bear market
full member
Activity: 462
Merit: 103
What's going on with big successful ICO projects? Big Successful Projects like Pumapay, HDAC, Cryptosolartech, Bankex. Look at their coin price, every coin price is like nothing and their trading volume is too low! Pumapay raised 117 Million USD, but their trading volume less than 2 Million USD and coin price are just ridiculous. HDAC, Such a promising Project it was, but HDAC ico investors are lost their investment, ICO price was 1.25 USD per HDAC Coin and now it's trading with 0.037 USD! Seriously? And the same thing happened with Bankex, Cryptosolartech. But Why? What is the reason behind it?

Bounty hunters never wait, so they sell all the tokens just after reaching the exchanges. Since they all got tokens for free, nobody cares about the price.
member
Activity: 322
Merit: 11
What's going on with big successful ICO projects? Big Successful Projects like Pumapay, HDAC, Cryptosolartech, Bankex. Look at their coin price, every coin price is like nothing and their trading volume is too low! Pumapay raised 117 Million USD, but their trading volume less than 2 Million USD and coin price are just ridiculous. HDAC, Such a promising Project it was, but HDAC ico investors are lost their investment, ICO price was 1.25 USD per HDAC Coin and now it's trading with 0.037 USD! Seriously? And the same thing happened with Bankex, Cryptosolartech. But Why? What is the reason behind it?

The only reason is that early investors tried to sell their purchased tokens during dump, in order to recover their investments, this is one of the primary goal of investing, to recover first the capital invested and after they sold their holdings, they dont mind anymore what would happen to the project, this is the reality of ICO nowdays, but i hope that we shall support those projects that are good.
member
Activity: 616
Merit: 10
FRX: Ferocious Alpha
It is all a matter of backing the crypto price with real life used value my friend.
Meaning, if there is no way to back the price of a digital asset with a real stable material value, then how can we expect the price to stay the same?!!

Take a look into Gigzi project, (suppose everything going well), there is a small chance the token price will go down, as it is backed by precious metals price. Price of 1 Token = Price of 1 Gram of Gold.. I think this can relieve the volatility issue in crypto..
legendary
Activity: 2450
Merit: 1047
thecryptocurrency.directory
This is the sad state of the cryptocurrency, and this is one of the main reason why ICO right now are having a hard time reaching even their softcap, and there are so many failed ICO and not to mention scam ICO flooding the market and people are asking if there is hope in the market well things will come to pass and we will see only legit project coming up.
jr. member
Activity: 252
Merit: 1
One reason I could think of is that, It's a scam  Cheesy When you have a project raising millions of dollars, Pricing their coins at let's say $1 per coin when investors wanna buy them in the event of an ICO and later the price drops down, It was a scam coin, Team and project.

its not hard for them to slip in to the market during bull run... it might look similar to other coin. when the market start to bear, the immediately dump their coin and leave the market. there quite a lot developer do the same.
member
Activity: 882
Merit: 11
Volare.network
What's going on with big successful ICO projects? Big Successful Projects like Pumapay, HDAC, Cryptosolartech, Bankex. Look at their coin price, every coin price is like nothing and their trading volume is too low! Pumapay raised 117 Million USD, but their trading volume less than 2 Million USD and coin price are just ridiculous. HDAC, Such a promising Project it was, but HDAC ico investors are lost their investment, ICO price was 1.25 USD per HDAC Coin and now it's trading with 0.037 USD! Seriously? And the same thing happened with Bankex, Cryptosolartech. But Why? What is the reason behind it?

I'm also confused about this. like there is something strange when ico they have very many investors. but when their coins are listed on the market, they are like losing investors in an instant.
jr. member
Activity: 280
Merit: 1
What's going on with big successful ICO projects? Big Successful Projects like Pumapay, HDAC, Cryptosolartech, Bankex. Look at their coin price, every coin price is like nothing and their trading volume is too low! Pumapay raised 117 Million USD, but their trading volume less than 2 Million USD and coin price are just ridiculous. HDAC, Such a promising Project it was, but HDAC ico investors are lost their investment, ICO price was 1.25 USD per HDAC Coin and now it's trading with 0.037 USD! Seriously? And the same thing happened with Bankex, Cryptosolartech. But Why? What is the reason behind it?

Maybe some team behind projects dumping coins silently ? or some very early investors with big 200-300% discounts dumped all
coins...
sr. member
Activity: 980
Merit: 250
This is not happening in particular coins but all coins of the market as market sentiment is weak and effect of that is showing clearly. Even BTC price is also sinking and all coins follow the base currency of this market and when BTC start rising then market also start to going with that trend.
hero member
Activity: 2716
Merit: 904
This is all because of the market fall, all crypto and even the successful ICOs are also falling, I think it's true that all altcoins is just rely on bitcoin price.
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
Nothing to deny that this is the impact of dip market,investors are afraid of their money so they have dumped their coins for safeties of their hard earned money
and even how we trusted the project we cant deny the fact that we don’t want to lose as big on our part when we can pevent this from happening this is a investors instinct
full member
Activity: 448
Merit: 100
As soon as the level of trading volume falls, then immediately after it the price flies down. Because it is an indicator of distrust to the coin and not a desire to trade it. Unfortunately, the bearish mood on the market has turned many good coins into useless candy wrappers.
sr. member
Activity: 603
Merit: 255
Because the market is also bleeding and the investors are converting their tokens into BTC or Fiat,
That is the real reason why it is dropping don't blame the bounty hunters because they just hold a small portion of the whole supply.
full member
Activity: 1498
Merit: 129
They are sinking because the price of the tokens are tied with base altcoin which is ETH, NEO, EOS and ones the price of those base digital currency start falling then they will also go down. This is exactly what is happening now. Dont forget this token have ones also rise even above the ICO price before that was when the ETH price rise to around 600. I can remember vividly the AION that I participated in their Bounty. Despite the massive dump during the listing, the coin recovered and rise more than 3x of the ico price but today the coin has fallen less than 500% of initial price.
jr. member
Activity: 280
Merit: 2
Because everybody is waiting for the next bull run. At the moment every investor is holding, because it is very risky to buy the coins at the moment, because nobody knows what will happen in the next days.
member
Activity: 854
Merit: 10
This fault sometimes, might not come from the projects itself, but the market situation which determines the price, alongside other factors can bring about this effect. I have seen quite a number of them dumped. Even if the project team decides to do a buyback, there is little to how far that can go,because after the whole buyback, the price might dump again. So organic growth most times is the best.
full member
Activity: 658
Merit: 153
because pre-sale participants get very cheap prices. people who buy from the public sale are costly and they suffer damage. Purchasers from pre-sale are not locked in coins. therefore they are selling immediately.
sr. member
Activity: 756
Merit: 252
What's going on with big successful ICO projects? Big Successful Projects like Pumapay, HDAC, Cryptosolartech, Bankex. Look at their coin price, every coin price is like nothing and their trading volume is too low! Pumapay raised 117 Million USD, but their trading volume less than 2 Million USD and coin price are just ridiculous. HDAC, Such a promising Project it was, but HDAC ico investors are lost their investment, ICO price was 1.25 USD per HDAC Coin and now it's trading with 0.037 USD! Seriously? And the same thing happened with Bankex, Cryptosolartech. But Why? What is the reason behind it?
You already know the answer to that but you do not want to admit it, the market is not giving profits to almost anyone, even if those projects were any good the circumstances in the market are terrible and almost no coin is going up after it enters the market, the only thing that you can do if you are invested in those projects is to wait for the market to recover.
full member
Activity: 672
Merit: 109
What's going on with big successful ICO projects? Big Successful Projects like Pumapay, HDAC, Cryptosolartech, Bankex. Look at their coin price, every coin price is like nothing and their trading volume is too low! Pumapay raised 117 Million USD, but their trading volume less than 2 Million USD and coin price are just ridiculous. HDAC, Such a promising Project it was, but HDAC ico investors are lost their investment, ICO price was 1.25 USD per HDAC Coin and now it's trading with 0.037 USD! Seriously? And the same thing happened with Bankex, Cryptosolartech. But Why? What is the reason behind it?

It is simple, almost all of these projects collected money when there was a big bull run and after this market began to drop down and many projects fell 10-20 times, these projects fell too, for example HDAC collected 320kk in the previous december, it was a big hype in crypto, people invested in everything, nowadays HDAC wouldn't be able to collect even 20kk, if we imagine that Hdac is traded nowadays by ICO price and its capitalization is more than 320kk, it must be on top20 coinmarketcap, it is too much for this project. This isn't HDAC's problem that people invested in december-january without thinking that 320kk is too much for this project and it is hard to wait profit from this project, than more hardcap than more probably ICO will be trading below ICO price because everyone who wants to buy their tokens could do it during the ICO, and when token lists on exchange noone need it.
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