Why the price of KICK is not increasing when we there are ICO successfully happening on platform
it's a good question and we have no answers except general information.
I asked several times for information on kikonomy and crowfunding unanswered to date.
Normally the kickikoin token should go up to each successful fundraiser and there are more than 30 today some of which with huge amounts yet it remains very low.
Logically, you would think KICK would go up after each successful ICO because that should be pulling KICK out of the trading world, decreasing supply. But you need to realize that most people who bought KICK were there to flip it for profit, not to use it for the fundraisers. KICK's price has been stagnant for quite some time, and the flippers are probably losing patience and dumping at a loss. Eventually though, the people that are willing to hold indefinitely and those that use KICK for ICO fundraisers are going to outnumber the flippers/dumpers, and at that point KICK will start to grow. When that will happen, who knows.
All this happening due to unstable market conditions but who believe in this token they know this team has ability to make this platform more attractive in coming. If we see the growth and adoption of this network than it increasing and strong hands still buying this tokens because it will be worth to it.