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.
This price drop I think is very common. And it is caused by many people who sell coins. And the buyer's interest is so small that the price cannot afford back up. We must be cautious in investing but current market conditions are good. So that the coin has decreased slowly the price is back to rise.
This is the major struggle of most projects still holding their ICO or token sale. Most investors are now getting the trick of buying high potential coins when they hit in the exchanges rather than during the ICO period. The decline of price owed to many factors not just only those bounty hunters, but the private investors themselves or the team holding most of the coins. But if the platform is very solid with working app and users, they still have the chance to grow and increase its value after such dip in price.