Post
Topic
Board Altcoin Discussion
Re: Why Youengine (YOUC) failed
by
ostrogoto2012
on 05/11/2020, 22:21:17 UTC
In my opinion it is too early to judge the Youc project because this project is still new and anything can happen in the next 3 or 4 months. But the thing that stands out the most and can make a dump happen is
1. They only list on a small exchange
2. They have too much of a total supply and don't burn unsold tokens
If they want to have a better price then they have to list on the top exchange and burn the token

The same thing I said the post before, there have been projects like youtube and facebook that have been successful without  ICO or any other fundraising website but only with the skill of people capable of building something special.