Post
Topic
Board Speculation (Altcoins)
Re: Token price fall after ICO
by
wirosableng
on 02/10/2018, 11:36:44 UTC
it's a natural thing if the price of the token falls after ico, especially if you start distributing coins to many parties. many people want to get a high price and as a result the price of the coin plunges to the lowest base and has to wait a long time for the coin to reach the highest position.
to date Trust in projects and crypto-currencies has fallen a bit. If you remember the year 2016, then everyone kept the coins after the company's ico to get the highest possible price for the tokens. And to date, most are trying to sell coins after distribution.
they wanna sell immediately because they are not sure with the project. it's normal to avoid lose (down price)
the project must do hardwork and prove they are trustworthy in order to get dump
The project will develop but it will always needs time, only hype will make the price rise, some reasons are if it's listed right away in big exchanges
but whales will easily cash out and price will go down again especially if the price of bitcoin is not bullish.
after the token entered the market is certainly the usual price to experience a dump, because a bounty hunters,
and we have to wait for prices to rise again