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?
That's how it's been. After the ICO bounty hunters will sell their tokens, cause none of them are ready to hold it, they will just sell it for a coin they think is better. This time around it has become a normal thing for both the investors and the hunters, once the ICO is over, majority of them will sell their coins, causing the price rate of the tokens to drop. The same thing is what we are now seeing in IEO as well, people are now dumping IEO immediately the project is over they will sell their coins. It's become a normal thing, only coins that has a strong vision and able to make investors believe in them can survive such things.