Post
Topic
Board Altcoin Discussion
Re: Is it normal for ICO prices to drop once they're listed on the exchange?
by
kevpantof
on 03/03/2018, 12:31:05 UTC
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?
In most cases, the price of the token, after the ICO on cryptoexchanges falls, and this depends on many factors. For example, one of the factors of the token price fall is the sale of it by those who did not buy, but earned it as a result of the promotion of the ICO project: managers, advisors and others. If you bought a token on the ICO and saw that the price of the token falls after you go to cryptoexchange, do not panic, you'll have to wait until the project team, in which you invested your funds, begins to implement its plans according to the ICO roadmap. By keeping tokens in your hands without selling them, you keep the price of the token. This may take some time, but when the project starts to become more popular, its tokens will also go up, and the appearance of new cryptoexchanges will raise the price of the token! If you want to learn how to invest correctly in ICO, read one of my posts:
https://bitcointalk.org/index.php?topic=2895054.msg31031323#msg31031323
Agreed, this is actually a very common phenomenon which we keep on experiencing most of the time as the price of the ICOs drop down at time when they are listed on the exchange and it is not an astonishing thing too. It happens because of the reason that most of the people start selling them or stop buying them which actually results in the drop of the price of the ICOs. The price goes up as well at time when the demand increases.