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 .
There are several factors that can cause the dumps.
Overall market situation.
No demand or buyers for the token.
Low volume and liquidity.
Listed at low quality exchanges.
No marketing or awareness about project.
No live product or service.
Team has no idea or strategy to stabilize price like buy back or burning of tokens etc.