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
The most important thing in the IEO and ICO is the project itself. If the project is good and has a partnership with various companies, I think the project will be successful in selling tokens and investors will invest the money even though the project is organized by an exchanger that is not large