Post
Topic
Board Altcoin Discussion
Re: Why drop in price when listed on exchange market?
by
aioc
on 27/06/2019, 03:06:49 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 a lot of reason bounty hunters dumping their shares, we can't blame them it's an open market, investors dumping it also because of the huge bonus they've got and it is just enough to make a profit and go, and of course, the team dumping their scam for an eventual exit scam.