It have hardcap 40mln$, do you,guys,want do x5 in one moment? If sale was 10 days, almost everybody who wanted to invest - already bought it. Why it should even do x3? There are no reasons at all.
What makes you think that anyone who wanted to invest in this has already bought it? Every fact suggests otherwise.
First of all, not everyone wants to do anything with ICOs, meaning they are waiting for it to hit the exchange.
Second, as the time was passing by, there were more and more buyers, so naturally there are plenty left who didn't manage to buy it on time.
So even after much more than 10 days (sale was going on for month and a bit), there were still more and more people interested in buying it.
Third, there are always some newcomers who had not heard of it before.
Depending on how things will go at the start after inevitable initial dump of some buyers, I can actually see it doing even more than ×5 in quite a short time. My initial thoughts were that it would be quite fine at ×2-3, but I did not expect it to sell out, especially not so early, so I wouldn't be surprised if we see it gaining a lot of momentum right from the start.
People were talking on reddit about NEO being a shitcoin and look what happened there. The number of users for this and the sheer amount of buzz is something we have never seen before. I'm sure plenty of people that got in on the ICO will be happy to dump at .02....def a lot of dumping at .20-.60.....That will just allow people that are mining pennies on the apk to want to get in before it hits a dollar which is absolutely within the realm of possibilities.
I don't think anyone really knows what to expect with 300+k registered users and the sale hitting hard cap 2 weeks early.