Re: Token price dropping after ICO, why so?

Quote from: Copod on October 04, 2018, 02:16:05 PM

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

Quote from: bchain22 on October 04, 2018, 02:21:27 PM

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!

Boutny participants are unable to hold tokens. They sell it right after reaching the exchanges and it could not be considered as something good for the market price of token.