I have taken part of some ICOs and everytime their token price goes down after the ICO.. why is that so?
EDIT:
oh, nice.. that was helpful and pretty much what I was looking for.. thanks for sharing
It is always that way because as soon as the coins are listed on the exchanges they are not picked up immediately and we all know that the amount of trading being done on a coin is what determines its value. So it needs time for the investors of the coins to get their coins on the exchanges and start to trade in the coin which is when the price of the coin goes up