Post
Topic
Board Speculation (Altcoins)
Re: New Coins with huge ICO price
by
Psynthax
on 05/03/2019, 10:36:33 UTC
What is your take on new tokens with unnecessarily large ICO prices? Scam or Genuine?

With such prices, their ICO usually takes a lot of time and people still invest, is there a possibility of it being a good project because I just stumbled on one now with with current ICO price of $2.74 and they intend on increasing it in the future
Just don't invest on any new projects,the prices are nothing but predicted by the team so if their intention is scam then this can let them to set high prices.

I am not sure about what project your are talking about,if you can name it then people may find it for you it is worth or not to.
Nowadays many peoples are thinking the good return in token investment. But reality few projects only succeed in crypto platform so most are moving to downward and some scam projects also possible in this market. If you they have good crypto knowledge ICO participation is right move but beginners are never trying move this way.
We have a new way that will prevent the scam ico. It much better to follow the ico which will be launched through use the trusted exchange site's launch pad. You must remember if this will become an interesting thing in the future consider ICO must have passed a lot of requirements to be listed on it.