What do you think about launchpad projects? A friend said they fade away with time as some are based on IEO and some use IDO but as time goes by they faded away, is this true?
I have not been studying Launchpad projects like Binance Launchpad, I have used some little amount of money to buy some befor, the price will go high at first but later reduce in a way not profitable. Maybe the price will increase later as it has happened in the past to some coins, but just take it as gambling.
I think that is what is happening to launchpad projects. I think you are right that they rise and after sometime again they drop. They are just like altcoins that they follow bitcoin bull and bear movement too. Launchpad are not separated from other coins and at the moment doing what other coins are doing, down If bitcoin start to increase then they also increase just as ICO, IEO.