Post
Topic
Board Altcoin Discussion
Re: Why drop in price when listed on exchange market?
by
cahbagus555
on 26/06/2019, 05:36:59 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.

I think there are many reasons why the price of tokens fell when it was first traded on the market. Many people and investor blame the bounty hunter for dumping their tokens but it is also possible because the developers team were not convinced of their own project and dumping tokens for the developers team.
I think everything depends on the project itself, if it's good and has prospects, I think investors won't sell it cheap