Post
Topic
Board Altcoin Discussion
Re: Why drop in price when listed on exchange market?
by
Sacramentus
on 26/06/2019, 06:10:51 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 have always tried to understand this move from projects. I have seen a lot of this projects this happen and have tried to confront the team to know why this happened but they always have the same reply.