Post
Topic
Board Altcoin Discussion
Re: What happens to coins that peeged their ICO to Ethereum?
by
stefany101
on 29/04/2019, 14:27:38 UTC
So I have been thinking about this and I want to know the opinion of people too.  Do the price of tokens who pegged to ethereum grow or dump with ethereum?  Will these tokens rise back to their ICO tags when bullish trends return?
I encounter some projects recently that accepting ethereum as a payment in their token sale or fund raising. When their ICO comes to an end, the development team suddenly discussed that their might be some changes in the ICO period, they extend it for the reason of the ethereum breaks down in terms of price. Some people are discouraged but take note that it is for the sake of the project to become successful.