What's going on with big successful ICO projects? Big Successful Projects like Pumapay, HDAC, Cryptosolartech, Bankex. Look at their coin price, every coin price is like nothing and their trading volume is too low! Pumapay raised 117 Million USD, but their trading volume less than 2 Million USD and coin price are just ridiculous. HDAC, Such a promising Project it was, but HDAC ico investors are lost their investment, ICO price was 1.25 USD per HDAC Coin and now it's trading with 0.037 USD! Seriously? And the same thing happened with Bankex, Cryptosolartech. But Why? What is the reason behind it?
Sad to see investments falling nowadays but definitely its not the end as long as they keep on going. Its difficult that bear market is killing most start-up projects one by one, but lets accept the fact that its part of the business to tackle this type of situation and every start-up should have a back-up plan to survive the season.