Here is something I have observed as regard ICOs raising funds and why many are trading at below ICO price soon after listing on exchanges. The reason could well be the fact that project teams are making ICO tokens too expensive, almost at same level with what we had at the bullish market.Meanwhile,the market is now 25% of its usually market.
Project teams implement better funds management strategies, avoid wastages and unnecessary expense and thus have a cheaper ICO, I personally believe that they can reduce their expense by at least 50 percent and thus ask for less, cheaper tokens as such, that way, investors will be better make returns on their investments.
not all of them are unbearably expensive but some ofnthem are of course i think that the prices will only rise in the future
Rather than starting from the cheap price and it doesn't make sense to see there was a lot of icos are putting expensive price for each of coin just like token pay and another ico. they have been putting more than $1 for each token and does it make sense to you? for me that's not. Rise or not depend on the result of their development progress.