Post
Topic
Board Altcoin Discussion
Re: After ICO, the tokens sank in price. Why?
by
Mahanton
on 15/06/2019, 18:22:19 UTC
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?
One simple answer.If a project didn't present any working product after they had raised millions of dollars and being traded on exchangers are really shit ones.
Expect for it to bite to the ground later on.Only those projects who do have potential or actual usage will sustain.