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.
This do only signifies that potential projects would able to sustain or survive with this kind of genre. We do see almost projects in the market fail up in the end which isntt surprising which most of them do only offer the same and duplicate or copycat ideas. When it comes to dumps normally investors would do such thing the same with bounty hunters but well a good project might dump on early phase but if it do really have the potential then recovery would really be always there.