Post
Topic
Board Speculation (Altcoins)
Re: Token price dropping after ICO, why so?
by
bchain22
on 06/11/2018, 08:19:26 UTC
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


Hey

That might be helpful for you to understand the reason behind it - http://cryptoandblockchaintalk.com/why-do-prices-drop-when-an-ico-ends-27

Take care!

Most of people, who would like to use tokens within certain project buy them during the ICO, so there is nobody to buy them right after the end of the ICO.

Yes, you are right on that. This certainly can be one of the reasons. There just isn't enough demand. So, it might make sense right now to not participate in the ICO and wait til the tokens hit an exchange and then hop on board?