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
Tokens price dropping after ico because many people that do bounties and bonus will like to dump their coins because they get it through rendering services and since they did not not invest their can sell it at any price. Another reason is volume. Remember that it is the volume that determines pricing and most of the tokens did not have volume that will make big investors to come in.