Post
Topic
Board Altcoin Discussion
Re: What happens to coins that peeged their ICO to Ethereum?
by
rarkenin
on 16/05/2019, 00:30:15 UTC
If the token has a big demand, then the market starts to influence it. If the token has no demand, the market does not affect it.
It is obvious to expect the decent return for the coin if the price of the token is pegged to ETH price. Fixed price tokens are not a great idea because of the constantly changing market prices. Volatility is the double edge sword in this situation.