Post
Topic
Board Altcoin Discussion
Re: The more members at Telegram channel the better ICO ROI?
by
Dart18
on 04/04/2018, 13:53:57 UTC
I have collected data about ICOs and their number of Telegram channel members to check if there is a dependency between high members number and high ICO ROI. The short answer is no!

The more details are here: https://medium.com/@MLJARofficial/how-does-telegram-members-count-impact-the-ico-investment-returns-50f37aff27ee

You did have the answer. It is just a telegram group and maybe people just want some updates about that token or they are holding a little amount only. It could also be fake accounts that makes it large in number.
You cannot tell if they are large investors or not.
Even with just 500 members, one ICO could go way up high if that is full of rich people. Also consider the service of one ICO and how they market they token.