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.
once registered in the market, people sell right away because they get a big bonus. If not an investor who dumps, I think the coin will not fall in price. But not only investors who dump the hunters and the team I see also do the same thing.
Most of us who wanted to take advantage of the market really dumped our listed coins because that's normal occurrence to happen. People would grab chances and don't want to miss it, but some day traders also wanted to ride on the buy and sell activity when hunters and investors was dumping. They do trading at exchanges which made price fluctuates high and low.