Too much coins in IPO destroyed that coin.

not so much, this coin is good to all miners and investors. this is a good coin.
Agreed, the IPO price was fair price. It wasn't too high but wasn't too low. It put investors on the same playing field with miners. Everything is looking good.
haha says the ipo buyer...
almost 1 MILLION coins have been bought for 1500 sat, 5 MILLION coins pow .
20 % of the total coins already been bought for 1500 sat, how do you expect this to get a healthy growth? miners already leaving the network, 4 gh nethash for a new x15 coin is like nothing.