Post
Topic
Board Altcoin Discussion
Re: What seems to be the average price of ICO's
by
kjn311
on 27/09/2018, 12:49:08 UTC
Seems like a lot of coins go to shit because of high ICO prices

IMO, anything above 1 cent is pricey as shit. I see ICO's going for like 50cents to 90cents...

Ripple ain't even worth 50 cents for 1 XRP so how the hell is an ICO going to hold that value

The more tokens are supplied, the lower the price. However, there are some exceptions, especially when team and advistors set 30%% to the reserve fund. On the first stages such insurance works great, but may affect price of token in long-term ride.