At the time of the listing after the end of ICO, the price often dumps. Why does it happen?
I think the reason is there is no buyer because of no demand for tokens since the ecosystem is not completed after the ICO.
It may be difficult because lack of funds, but I think the team should release a product like Dapps while running ICO to make token demand.
How do you think about it?
Coins often dump after listing in exchange because most of the time bounty hunters are selling their coins immediately even the price is lower than ICO since they are not shelling out any money for that coins.