So it seems a lot of ICO's are running with $1 per coin during the ICO - but then dropping well below that price once they're listed on an exchange.
Is this a normal thing for an ICO at least initially while they're working on getting their project fully operational?
Are they setting the $1-$2 a coin so they can make sure they're fully funded to get the project started and on it's way vs trying to sell shares for pennies or dimes?
But why wouldn't the price of an ICO hold at what that price was? Just because initial founders are dumping their coins to get some cash out and forcing the hand/price to go down based on supply & demand?
Really. These days, many icos allocate a reasonable amount to the bounty hunters and then when they throw the coin in the market all those who have won for free their tokens fall without everything without thinking twice and this ends up pulling the price of the down allied currency we also have disbelief of the currency investors recently launched in the exchanges many people are left behind before investing any amount and choose to wait until it stabilizes in a standard price to later buy.