Post
Topic
Board Altcoin Discussion
Re: why every IEO on P2PB2B exchange?
by
Shallow
on 25/02/2020, 11:08:32 UTC
hello guys,

i'm wondering why so many IEOs on P2PB2B exchange even every IEOs sales happens,

And after IEOs why that coin/Token can't achieve it's IEO price?

First, most upcoming projects runs from high listing fees so they settle for those who can afford them the opportunity they want, in this case exchanges like P2PB2B. The issue with some of these exchanges is lack of huge user base which results in low trading volume of most coins listed there. Also, this particular exchange is known for accepting many IEO projects and the funny thing is, the price thereafter is nothing to write home about; and you just confirmed it. Therefore taking a look at the number of IEOs on this exchange which are struggling even after the sale process, I wonder why new projects will still go there.