Post
Topic
Board Altcoin Discussion
Re: Why drop in price when listed on exchange market?
by
mammoniter
on 29/06/2019, 09:58:22 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 factors actually involving the market price of a certain coin. First of all the market price depends on the buyers and sellers in the market. Its quite normal to drop the price when it is listed in the market. One factor are the airdrops and the bounty rewards. Usually its a free tokens and you can sell it any amount you want. Sooner or later its market value will stabilize.