As a rule, most blockchain- projects that have collected tens of millions of dollars for ICO, issue tokens on the exchange without real production growth.
What does it mean?
Get used to it and this is how this market works.Only good projects will able to survive after that sudden dump in price because any coins that its being listed on an exchange do have that kind of normal route on slapping its price to the floor and die most of the time.Some might revive but only a few of numbers who do have actual potential for long term but the rest are just total garbage.