Post
Topic
Board Speculation (Altcoins)
Re: Why Big Successful ICO Coins Price are sinking?
by
CrimBit
on 05/10/2018, 17:16:41 UTC
What's going on with big successful ICO projects? Big Successful Projects like Pumapay, HDAC, Cryptosolartech, Bankex. Look at their coin price, every coin price is like nothing and their trading volume is too low! Pumapay raised 117 Million USD, but their trading volume less than 2 Million USD and coin price are just ridiculous. HDAC, Such a promising Project it was, but HDAC ico investors are lost their investment, ICO price was 1.25 USD per HDAC Coin and now it's trading with 0.037 USD! Seriously? And the same thing happened with Bankex, Cryptosolartech. But Why? What is the reason behind it?
This is the importance of seeing the team behind the ICO project before deciding to invest in it. No matter how successful or blazing the ICO project was at first, in my opinion the most important is the team that continues to develop the project. As you said, trading volume is very low and prices are very low compared to ICO prices. That is why, keeping up with well-known crypto trends and currencies like bitcoin and ethereum.