Topic: Why Big Successful ICO Coins Price are sinking? - page 18. (Read 2137 times)
That is the hard truth in cryptocurrency. Because it is so unstable that prices can be very expensive or cheap depending only on the news around the world. Any slight bad news for crypto and then the prices go rolling down, and there will be no exception even if how good the product is.
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 market in general is experiencing a decline in price which is not limited to certain coins but all coins in crypto world. The reason for this decline is as a result of SEC regulation in crypto-industry, patience is the solution for all investors......
One reason I could think of is that, It's a scam 
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.
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.
Well the situation with the cryptocurrency market is not only peculiar to exiting coin and altcoin it also effect new altcoin that had a successful ico but some are not so much affected. Yes the coin you mention had an OK iconic where effected by market situation
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
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?
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