Post
Topic
Board Speculation (Altcoins)
Re: New Coins with huge ICO price
by
gembira
on 01/05/2019, 17:56:49 UTC
What is your take on new tokens with unnecessarily large ICO prices? Scam or Genuine?

With such prices, their ICO usually takes a lot of time and people still invest, is there a possibility of it being a good project because I just stumbled on one now with with current ICO price of $2.74 and they intend on increasing it in the future

I think you wanted to say huge fund raising. Because there price can be huge, but only few tokens in total, and the price may small buy 100 billions tokens. Of course, projects which are raising 100 mln usd or so not worth to invest. They are raising money for own islands.