Hello all,
There's one thing I have ever noticed, after ico the token price dropped drastically could anyone explain why such is happening...
Eg, there are some tokens are I have in my wallet which I want to trade since then till now I have been waiting for the price to come up but instead decreasing. What do I do in this scenario?
There are a lot of reasons why prices drop after ICO, some investors and bounty hunters dump their token once it gets listed in a decent exchange or once it has a market volume. Another thing is that, some investors are scared of holding ICO tokens for a long-term due to the current market situation where only few ICOs stay alive.