Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO] 🔵 UTRUST 🔵 The future of online payments is here.
by
hicaribou
on 17/11/2017, 07:12:57 UTC
Well, the surprise could be that it will drop below ICO, due to whales filling bags, its a very popular and very interesting project with a great probability of success, the platform itself, not the ICO, so whales will want toget as much as they can.
Why it will drop if whales filling bags? it should be pumped.
The price will drop if whales are selling their tokens.

Not only whales many people are buying the Utrust when  it launches it's ICO. Many people who invested in ICO will look for short term profit and those people will sell the coins to make profits on their investment.
Yeah, actually if there was a huge bonus before, there is a great possibility that the token price will drop below the ico price.
But their private investors token will be locked for 1 year if im not mistaken, so the price wont drop much.

Yes the token sold during the presale should be locked. Or at least they were trying to arrange that with the investors. The was no confirmation after.
They've made a deal with private investors, the participants before the pre-sale stage and their token will be locked for 1 year (if im not mistaken).
But i think the pre-sale investors token wont be locked, its only for private investors.
There was a confirmation about this, here :
Quote
3. Private Investors — VESTED  :white_check_mark:
We talked to our private investors to negotiate a minimum vesting period of 12 months. This is great news as it means that another 100 million tokens cannot be withdrawn or sold for a full year.