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?
Your observation is not true for every case or maybe it is better to say for every time period. During the bearish period most ICO open with a big red candle I know more than 90% drop ICO which was hardcapped. And also during the bullish period most ICO open with a big green candle.
Of course, the quality of ICO is very important to and also HYPE.