This as been a question running through my mind always. All ICOs have their ICO price and sales price. The ICO price is usually lesser than the market price (that is why people invest to make profit when its listed).
But this days when coin is listed the price drop drastically much more than ICO price which left the investors of no profit.
What could cause this drop when listed?
Let's hear our own though please.
If You are less familiar with the situation,you should understand that in addition to the ICO stage, there are pre-ico stages with large discounts.It is at these stages comes a large number of investors.Based on this, we can conclude that early investors do not care at what price to sell their tokens,just not to be in the red.The situation that I described the most common.