Post
Topic
Board Tokens (Altcoins)
Re: [ANN] | EDO |EIDOO Wallet - Hybrid Exchange - Marketplace| OVER 80k ETH RAISED |
by
holydarkness
on 29/07/2018, 15:26:40 UTC
This token keeps falling and falling in price. Perfect example on how tokenomics are more important than how well a project is implemented or how good an idea is.
So many tokens were absolutely rekt by shit tokenomics in 2018. SAD!
We can't stop the falling of its price because its natural phenomenon of falling marketcap and aggressively bringing back of it. Just focus on what you know that will be good for its tokeneconomics that you are saying see it as a future and not this 2018 only.
In the last year, many people want to invest money to ICO projects, because the ICO market looks like as the place to invest about blockchain projects, I'm sure a lot of investors had this thought. They don't know how to make money from the blockchain technology, and by some promotion, invite by others, they thoughts ICO is the best choice to do that.

If I can pour my own insight on today's trend, people actually perceive ICO as stepping stones, where they put their money on one investment, sell right on the early days of market listing in hope that the value is higher than during their ICO/ITO, then move to next project.This is why there are lots of ICO and ITO coming everyday, as well as many that died. The amount of project that stick around, are rather little compared to the amount of projects coming. And honestly, I think it is safe to say that EIDOO is one of those who are completely abandoned by "jumpers".