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.
Some ICO developers having program buyback at certain level price if price drop. Too many ICOs right now and i think many scam too in that ICOs. Some ICOs dont continue the project and some ICOs having working product and running good project