Post
Topic
Board Altcoin Discussion
Re: Why New Crypto Projects are Dump ?
by
khunyung
on 02/11/2020, 08:34:03 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 .
Basically, most of new projects run airdrops and bounties so at the start of coin there is a certain amount of coins circulating.
And most of it, lets be honest, will be sold right away.
Thats why new coin peaks at the beginning then its price slowly starts to fade.