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.
Personally?only few of them are really concerns about the project because most of this damn so called "ico developers"are here just to scam and upon my knowledge according to what i have read here in forum and my own observations,theres a cartel about this ico,they have financial assistance to start a project and start gaining from the investors and when they gather enough money,then will gone and abandoned the ico