Post
Topic
Board Speculation (Altcoins)
Re: RE: WHY MOST FALL IN PRICE SOON AFTER LISTING ON EXCHANGE
by
acedia
on 01/08/2018, 19:54:46 UTC
It seem that almost all ICOs that get listed on exchanges usually plunge in price soon afterwards. Are bounty hunters responsible or is it as a result of the general bearish market condition?


all easy to blame the collapse in the price of the bounty hunters. They receive at best 2% of the total issue of tokens. Advisors, team, etc. get much more. Investor bonuses, etc. Least of all the bounty drivers affect the price.