Since the emergence of ieos and its success on binance bitforex kucoin and other exchanges platforms
It is becoming a trend recently where an exchange will lie about amount raised during ieo
Only for the token to dump 10x below ieo price
Typical examples are evident on bittrex, kucoin, idax and other exchanges known to us
There is need to even research more on the exchanges as the project
Still its best to perform an IEO in the top exchange like okex, binance, kucoin and the others, we all know that not all exchanges in the market could be trusted but we must take a due diligence before we participate in such selling and buying of tokens, its our responsibility to manage our own funds.
yes, a good IEO is a IEO of a large exchange that has a high volume and a bad IEO is a small exchange because this small exchange does not have a large investor makes the IEO fail like ICO that does not reach softcap sales so be careful if you want to participate on IEO