Post
Topic
Board Altcoin Discussion
Re: Why drop in price when listed on exchange market?
by
Coroline
on 03/07/2019, 17:39:42 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.
Unregistered projects in good exchanges and I think projects that have not been fully completed by investors are impatient waiting so that selling their tokens is too much sloping news from the project as development-led fraud causes the price of ico when the market enters down