Post
Topic
Board Altcoin Discussion
Re: High discount in presale
by
flyeers309
on 06/08/2021, 01:48:06 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
Yes, it is big, maybe the price will fall when first listed on the market, but a good project will definitely think about all these risks, they give big discounts too because all people who buy in the presale are their first investors. I don't think big discount is the reason the price will drop if the project has good value in terms of innovation, utility,community etc. Let's look at a project that has absolutely no presale and actually gives a big airdrop, the price maybe falling down but they can survive, the price rising again. but it all comes back to the project itself, how is the innovation they bring, is there any real usecase? is there anything interesting from the roadmap? or not interesting at all