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?
Almost ICO's are having a huge dump the moment it went live in some exchanges and with the current market condition, I wouldn't be surprised. Also it's the best time to buy when the dumping happens because it's time to fill some bags.
I think this happen because of bounty hunters and private sale participants, as long as you know that currently bounty payments are always delaying even for almost 6 months there are no listed in a decent exchange so when some token listed in central exchange they will immediately sell them because need money. On the other hand, private sale participants get a lot of bonuses at lower price than pre-sale and ICO, so in my opinion even if they sell it under ICO price still gets profit