Post
Topic
Board Altcoin Discussion
Re: Why drop in price when listed on exchange market?
by
Tipstar
on 26/06/2019, 02:50:13 UTC
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.

There are several reasons for such drop. The most significant is due to the project being a total scam or the project doing nothing according to their roadmap.
Many project collects money to do this and that but most of them end up being spent by the team members on luxurious lifestyle and bringing up inferior product that fails and so does the price of token.