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.
Why would they buy it, only to that it again and create a fake volume, let the market and the community create a demand, their job is to promote their project develop platforms and complete their roadmap and of course strengthen the community that supports their project