The coin market ieo has turned the speculative coin into gambling. No matter whether the project is good or not, no one cares about it. The bear market project can't be used for money. Now, let's make a way. You can participate in the appointment, and then give you a few times the increase in the exchange. People may be able to earn some money. The secondary market is a long-term look at the market. It feels that this money is too buggy. Soon the money in the currency circle will be circled. A new project will come up with billions, but because of the turn With a few times the probability, it is difficult to stop the enthusiasm of the participation of the currency people, and may approach the ultimate method of cutting the leeks.
I just said my personal thoughts.
There was a similar scenario with ICO in 2017 and people learned it in a hard way. And the same thing is being repeated for IEO.
Though I believe investor this time are much more cautious than the last time. It's just the IEO from trusted exchanges that are selling like hot cakes.
There are even some IEOs that are not being totally funded and the tokens being bought by the exchange itself.
I agree, many IEOs held by small exchangers do not generate profits even the price drops shortly after the listing on the market. I think we really have to be careful about choosing IEO even though it is now the trend of collecting new projects through IEO. Research and analysis of new projects is very important before joining and investing