Post
Topic
Board Altcoin Discussion
Re: Why drop in price when listed on exchange market?
by
aimata27
on 30/06/2019, 01:16:20 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.

Well, that's so simple. There are more people that are dumping the coins than those people who wants to buy. It's just simple economic rule: law of supply and law of demand.