Quote from: JackieAinsley on May 13, 2021, 07:19:18 PM

Quote from: hamba laeh on April 09, 2021, 09:10:39 PM

Quote from: abderrazak belkhir on February 24, 2021, 01:22:49 AM

Friends i want to ask about a think that i realy cant explain...there is a token called AME that had an ieo price of 0.02...the token get listed on bithumb globale and the price down to 0.006 (bounty hunters and airdrops)...after the sell off end the price go up and stay a long time between 0.01 and 0.013...the team annaunced a new listing at mxc exchange and everyone expect a big incrass(the token had just 2.5 mln$ marketcap at 0.01) but what really happened is that the price decrass to 0.005 within one week and this make me confused...now the price is 0.08 and i start believing that what happened in mxc in the first days wasnt innocent

Who have an idea about the situation?

It's not just AME that experiences a dump after listing on the market. however, many altcoins have experienced the same thing. Such a situation occurs if the project holds an airdrop program and a bounty campaign. So that many developers distribute altcoins to airdrop and bounty participants after 1 month of listing on the market. and there is also a gradual distribution so that altcoin prices do not dump immediately. So in my opinion, the current AME condition is very good because it is able to pump prices back up after being dumped.

Projects do not have a developed ecosystem that is why after the listing the price of the tokens falls. Cryptocurrency continue to be any risky. For those people who do not want to risk there are investment funds like https://defiscale.io/ that invest money in gamblinig and finance and offer a stable income.

I agree that now investors have a choice to risk or not to risk so such platforms like https://defiscale.io/ are important that people would have a choice where to invest to make their risks smaller.