Post
Topic
Board Altcoin Discussion
Re: Drop in ICO Price after listing
by
hulla
on 20/12/2018, 23:38:23 UTC
I invested and joined as bounty hunter in many ICO which has good concept, experienced team members and also good hype but after listing price drops very much. Some of project also not recovering since long time. Any comment.

Pretty standard situation for this market. Look at most of the coins, even the same Ethereum, it had the same situation at the very beginning, but that didn't stop it from recovering and growing several times.
Thats correct because ETH had the situation of drop in price after it been listing but the strategy played by the team with the level of utility and community support was what pump up the price of ETH. Besides, KMD do the samething which help their project back in 2016 but this are what most new project ignore this days because it seems like they only focus on the success of the project/ICOs, vision and the roadmap