Post
Topic
Board Speculation (Altcoins)
Re: Why Big Successful ICO Coins Price are sinking?
by
jayendo
on 09/12/2018, 08:15:08 UTC
What's going on with big successful ICO projects? Big Successful Projects like Pumapay, HDAC, Cryptosolartech, Bankex. Look at their coin price, every coin price is like nothing and their trading volume is too low! Pumapay raised 117 Million USD, but their trading volume less than 2 Million USD and coin price are just ridiculous. HDAC, Such a promising Project it was, but HDAC ico investors are lost their investment, ICO price was 1.25 USD per HDAC Coin and now it's trading with 0.037 USD! Seriously? And the same thing happened with Bankex, Cryptosolartech. But Why? What is the reason behind it?

Because the market is falling. In addition, most of these projects depended on the ETH or The BTC, and now that they do not collide with the best time, the need for these projects is also reduced.