Post
Topic
Board Altcoin Discussion
Re: How to avoid Dump after listing
by
KennyR
on 17/03/2019, 16:29:38 UTC
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.
Most of the ICO face such a dump once getting listed to the exchanges. To avoid these price dump by the bounty hunters ico teams used to postpone the distribution of tokens for the participants for a long time period, so that the some gradual trade support gets generated and stability is achieved.