Recently we had many ICOs getting in with best projects getting listed on exchanges successfully but their value did not even cross the ICO price. I predict that this trend stopped new ICOs getting in with their innovative projects assuming they might loose their values if they pitch in during this crisis moment. What do you think?
When the ICO takes place the token price is not affected by any factor, only the developer determines the price depending on the target of the project. But when these tokens has listed in several exchanges, what will affect the price depends on the overall cryptocurrency market condition. Buy and sell by the token/coin user depends on the current market conditions. As it is now, the cryptocurrency market has decreased so that it will also affected to tokens/coins that new listed in several exchanges.