Post
Topic
Board Altcoin Discussion
Re: Drop in ICO Price after listing
by
macshad
on 08/05/2019, 19:58:22 UTC
Generally, ICOs will in general drop in esteem when listed on exchanges for at least one of the accompanying reasons. 1. The abundance seekers and airdrop beneficiaries dump their tokens on the exchange at just underneath ICO cost to ensure a brisk deal (expecting enthusiasm for the market). The second reason is on the grounds that they list the token on a poop exchange that is effectively controlled, when the siphon bunches get hold of it the token cost can go anyplace, regardless of whether high or low. Remain away until listed on somewhere around a medium dimension exchange like Yobit.