Post
Topic
Board Beginners & Help
Re: New token
by
fidelium1
on 05/09/2018, 07:00:31 UTC
I want to ask something what happen when for example there is token just finished ico and the price 1$ and some people sell 1000 token. I mean what happen if no one want to buy this token. is that make project die?  cause i believe theres will be no volume.
From my observations, most times, Tokens tend to fall below their ICO price once they are listed, as a lot of buyers might not want to buy at that price, but once it falls a little below the ICO price, people begin to buy and then the price shoots up gradually, especially if the Token has good usage. On the other hand, if nobody buys at the $1 mark, the Token remains without volume, but this doesn't signify the death of the Token, if sellers decide to sell below the $1 price, it still doesn't mean the Token is dead, the Token begins to die if sellers begin to sell way below the $1 price (for example, selling at $0.0000001) that it gets to a point that nobody wants to sell at that price and nobody wants to even buy at that price. At this point, we can almost conclude that the Token is dead.