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?
It will be difficult for the dump status to take place after the tokens are listed on the exchange pages. Because traders are constantly making prices fluctuate rapidly. The price of people tends to sell because of fear of loss. If the developer controls the number of coins they can make the dump situation doesn't cost much and the coin will be very valuable.