Am wondering, if all these altcoins developers that did ICO and raised millions of dollars If they truly believe in their project. If actually they believe in their tokens, why can't they be using part of the ICO money to be buying the tokens back from those who are selling or dumping at very cheap prices??
Atleast they know the amount that's in circulation since they are the one that distributed it.
Am just curious to know.
Because they am also holding a big amount of their tokens. They want to use ETH or USDT that you mobilized from the ICO selling to run their system and wait the price of their token raise, they will dump tokens which they are holding to earn profit