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Topic: Why Big Successful ICO Coins Price are sinking? - page 16. (Read 2137 times)

member
Activity: 476
Merit: 10

There can be many reasons of the  coin price declining of successful ICOs . One of the reasons can be the market situation, the
other one is that the team is not dedicated for development and not fulfilling the promises. The next reason could be that the team
raised enough funds for having vacation on an exotic place and do not bother with the project any more.
full member
Activity: 1092
Merit: 117
Probably the most important reason why this happens is because developers don't really care about that coin anymore and they don't put much effort in to make it better and promote it further so that their project doesn't expand anymore. Thats what happens with a lot of ICOs because more than 90% of them are created just to raise free money from investors and their actual purpose is not to create a new revolutionary project that would help the world.
Another reasons why the price of ICO coins are going down could be because all the market is currently moving down and its almost impossible to move something in one direction when everything else move against it. So every coin follows the current market trend and moves down.
member
Activity: 387
Merit: 12
Yes, I see the coins that you mentioned above have very cheap prices on the market, maybe this happens because the market is currently experiencing a price decline, causing a lot of ico coins that have lower prices ... but if their products are more famous or the team buy back then there will be a possibility that the coin will experience a price increase

The buyback is a great option to resolve this problem. But The Team is don't care about the price, they are working on the platform. Every time when I ask about the price reduction they replied about updating product task. But By seeing their trading volume it is proved that People are not interested in these big hit coins.
jr. member
Activity: 140
Merit: 1
Prices for ICO coins fall due to the lack of demand for products of ICO projects. There is no interest from traders to buy coins because of its value. Coins just for good luck thrown on the stock exchange and the developers are just watching how the coin sinks in the center of the lake and no one can help the drowning coins.
member
Activity: 420
Merit: 10
“Tackling Climate Change Using Blockchain”
This is what happens most of the time. It seems to be more natural with most coins. People who invested during the ICO would leave the project and sell his/her coins if he sees it not so profitable. People will only buy the coin if it would seem to be moving. Sometimes I would think this is not the reason why we should buy their coins. Their white paper suggested the main idea but people just use it to get profit by trading it. And in this situation the real purpose of the project is somewhat defeated. People are so eager to earn money as this is somehow the reason why most participated but if this is the only reason why the ICO is continuing it will certainly drop in value. Unlike when it is used for real the coins will be moving as it should be.
full member
Activity: 700
Merit: 110
This happened because many traders do not know how to deal with coins in a crisis time. Many sell good coins, because they have no choice, many have already suffered great losses. the market is losing investors, everything is very bad in the cryptocurrency market this year.. Embarrassed
hero member
Activity: 532
Merit: 500
https://karatcoin.co
Because people think the hype will bring them 3x 5x just in seconds. But if it doesn't happen (like bear markets right now) they starts to sell and it is causing price to sink. The problem is overexpactations caused by the past.
member
Activity: 387
Merit: 12
Have you ever considered what is some real usage of those coins? Most of those are nothing but some shitcoins. Also, for your info, the whole market is bearish and most of the potential crypto is losing its value. So, it's normal. Nothing to worry.
I am worried because of their trading volume. Can't you think a 117 Million Raised Coin's has less than 2 Million trading Volume? Isn't it bad? I know we are now in bad condition of the crypto market, every day I am saying it to others. But These project hasn't enough volume, people are not interested to buy these coin. HDAC, PMA, BKX was big hit ICO, but have you seen anyone to talk about these coin in this forum?
full member
Activity: 476
Merit: 100
Almost all mentioned coins have value equivalent as Ethereum. As you can see at the graph it has been dumped dramatically as whole crypto market.
full member
Activity: 518
Merit: 114
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.

You all know that now the price of all coins has fallen. If you say that the listed projects are scam, then the entire first sheet of coinmarketcap is also scam? And all the other coins too?! Now such a market, such a conjuncture. It just needs to be accepted.
sr. member
Activity: 658
Merit: 252
This is due to the fact that many companies need at least a couple of years to fully realize their product and earn the trust of many users. After that, the coins will start to grow, if, of course, the company is very promising, I found one of these companies and contributed @swachhcoin. The project will pay people for their trash. At the moment there is a 16% bonus, you can buy coins by the end of October. I advise you to see the project.
full member
Activity: 1316
Merit: 105
many ICOs that raised big money don't develop their products or develop them too slowly and this is the reason why the price of their tokens is falling.
member
Activity: 644
Merit: 10
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?
This tokens are not the only ones that are sinking in terms of price. Even btc and eth are also in a blood bath and the rest of the alt coins. Even some sucessful ICO's like Telcoin and PolicyPal are also having a massive price drop. If btc and eth have another bull run, I'm the price of all tokens and alt coins will go along with it.
member
Activity: 244
Merit: 10
Official Street Team member
Have you ever considered what is some real usage of those coins? Most of those are nothing but some shitcoins. Also, for your info, the whole market is bearish and most of the potential crypto is losing its value. So, it's normal. Nothing to worry.
hero member
Activity: 2660
Merit: 651
Want top-notch marketing for your project, Hire me
Firstly, the main reason why big successful ICO coins are sinking are the market blood bath and which happened this year and it will be next year before most visitors can enjoy their investment. However, the coins ought to gain some slightly increase in price sometime and if such case is not happening then strategy used by the team is not enough.
jr. member
Activity: 294
Merit: 1
I think the current market is falling sharply for all the successful ico is very difficult. But do not worry if the coin has the potential and the team grows strong, I think it will be successful.
sr. member
Activity: 938
Merit: 256
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?

Because investors come and go, take short profit and move to another ICO.
Too many new ICO is affected to old peoject who has developing, if there's nothing interesting anymore, people will move to the new project and so on.
member
Activity: 387
Merit: 12
Indeed. I also saw that HDAC is doing so bad lately and the community has started to have questions regarding to project and development but if we retrace back in winter you can see clearly that bitcoin price was at it's highest and HDAC ICO was in running in that time so this puts HDAC to be tight with the curent price of bitcoin scaled at hdac price.

HDAC Project and their work plan were really good, you are right that Bitcoin price was sky high when HDAC ICO was running. But what about Pumapay or Cryptosolartech? They finished tokensale about 2 Months ago. Pumapay Raised 117 Million USD but their trading volume less than 2 Million! I know we are passing the bad time, but These big project's coins price are being ridiculously low! Where Localcoinswap, Docademic coins price is very stable and their ICO wasn't a big success!
copper member
Activity: 140
Merit: 0
I think this is the part of the game and most investors also know this, their price will surely come up if the team is sincere with the project and works towards achieving their milestone as lay down in their roadmap .
sr. member
Activity: 677
Merit: 250
the price of a coin of any size if the condition of the cryptocurrency market is in a bad position it will only make a loss and drop, so the price of ico dropped now is only based on unfriendly market conditions.
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