Seeing how many projects that conduct ICO are listed in Exchange at lower prices than it was stated during the ICO, investors continue to invest in projects.
Why are they still doing this?
I'm not talking about scammers...
Sorry for my English.
Most ICO passes through this stage. Many investors are not who they say they are. These are speculators who wait for the first growth of tokens and sell them in order to make a profit and not risk their investments. Then comes the turn of those who are ready to buy coins and wait for their recovery. The fate of the project is of little interest. that's why many projects go bankrupt.