Post
Topic
Board Altcoin Discussion
Re: High discount in presale
by
Moeda
on 24/07/2021, 19:13:23 UTC
Is 75% discount in presale of a project way too high? What do you think will happen to such project giving away too high discount for a presale? Will this cos huge dump or you've seen projects that survives after such massive discount

UPDATE

I meant 75% not $, that was a mistake and thanks for understanding

Most of the projects during pre-sales give discounts of up to 75%. The question is whether once it launches to the exchange it will be a dump, since many coins were held by investors at pre-sale.
However, we often see that during the pre-sale, the number of coins sold is very limited, so that the 75% discount during the pre-sale will not affect the market price when the coins are listed on the exchange.