At the moment, almost any coin goes down at the price at which it is traded on the exchange .. Ethereum fell in price as bitcoin fell in price, so the whole crypto currency continues to depreciate further, and there is no end in sight. And you really think that if this coin goes public and goes up in value ? I wish I was mistaken ..
Everything can be ! There were examples when at the beginning of trading on the exchange there were rises in the price of the token .. The crypto market is very manipulative at this time