Post
Topic
Board Altcoin Discussion
Re: Why New Crypto Projects are Dump ?
by
Chuky92
on 01/11/2020, 22:47:08 UTC
hello dear friend hope you all are fine .
today i just talking with myself about new project of crypto , at launching their projects they promise big and big
but after months or even some projects in a days go down and did not comes up ...
why this happens ?
share your thoughts .

If a project price goes up the team are hailed right, and if it goes down who should be blamed? The same thing. That is to say that, the success and failure of a project depends on the team. Most project teams are only serious during the early stage of the project where they are looking for funds or organising a public sale or IEO, once this is achieved and IEO concluded, within days the price will start dropping, and the more the team feels less concerned or nonchalant, the more the price keeps dropping. This drop in price might not be instant, in some cases it will take days, weeks or even a month. Additionally, in some cases the price might come up if the team decides to list on a good exchange but if they don't, the price will continue dropping until the team exits scam or the token becomes worthless.