We always see the price rise for a short period after the listing in the exchanges or after IEO, but soon price be come down,
this may due to two reasons:
The first reason is that the coin or token has no real value.
The second reason is the large sale of those who got his coin free such as airdrop.
Isn't that true?
because as soon as the hype ends, there is nothing stays and most of the holders and investors are aimed to sell out as soon as possible after the hype ends. it is always like this both in icos and ieos
so it's better not to follow the hype because it is dangerous, it's better to look for projects that really have a future because if you invest in it, your funds are at stake and you need to be careful when you put your funds in.