Post
Topic
Board Speculation (Altcoins)
Re: How to determine price of altcoin in the market?
by
adzino
on 04/05/2018, 09:46:11 UTC
I have participated in a bounty campaign and received my tokens. After few weeks, the price of the altcoin went down. Does it really happen? At first, the price is high, but goes down over time. How will I determine of the price will go down or up? Any tips? Thanks!
Yeah you can somewhat predict how the the price of a token will fall after the campaign ends. First you need to check how much tokens they are distributing for free or through reward system pre ICO. The more free tokens they distribute the lower the price will be since after receiving those free tokens most users end up dumping it. Next, the price depends on how good the project is.