Bitcoin Forum

So I have been thinking about this and I want to know the opinion of people too.  Do the price of tokens who pegged to ethereum grow or dump with ethereum?  Will these tokens rise back to their ICO tags when bullish trends return?

Sometimes yes sometimes no, usually tokens grow alongside with bitcoin not just ethereum, im pretty sure each coin will be at their peak again when bullrun comes again, there are some tokens that can reach their ico price when there are some hype happening or an update of the project.

There are those who can reach it and some are not, it all depends on the project they are working on and how much the product benefits to the community. But remember, the average will increase when bullish, because there is a pump.

Due to my own research 99% of ICOs that are launched on Ethereum erc20 will always follow the footpath of ETH ,so when surge in price happens to ethereum the tokens will follow the uptrend and when ETH falls in price they do same and if bitcoin surges in price all the altcoins will surge to including ETHEREUM

I think yes. But, of course, if we are talking about those projects that are developing, release product releases. If the project is abandoned, then I do not think that its tokens will be able to show some kind of price increase.

If these tokens keep their ETH value and the USD price of ETH rises, it's obvious that the USD price of these tokens will raise too. Regarding if these tokens would reach their ICO price again it would depend on how much they have lost, but it will be difficult without a proper development of the project.

actually that ethereum has a good platform, Ethereum has a smart contract that is easily applied with various projects. this is what causes an increase in prices against ethereum. there is basically every project free to choose the platform they will use, with this because ethereum has a large market, so most dev projects choose ethereum as the platform they use.

It's not pegged with the price of ethereum, whole of altcoins are pegged with the bitcoin. The price of tokens are also following the price of bitcoin. Even most of them pegged to the ethereum platform doesn't mean if that can give a lot of domination to the price too.

This is not exactly the case. The ETH-based also has a set price based on BTC. In fact, if you examine a coin or token in each market in the market you can see different pricing.

Over 70% of ICOs tend to peg the price of their token to Ethereum but do not forget the fact that even those not pegged to Ethereum are also suffering because the whole market is down and not just the price of Ethereum, so this should be a question for every project that are seeking to accept funds with Cryptocurrencies.

This all depends on the team behind the projects, for some projects, they instantly convert their contributions to USDT once it is received and sometimes they don't even list in the ETH trading our awhen they list in exchanges and so their only ffialiatiin with ETH is the fact that maybe their token is an ERC-20 token and nothing more.

They might move along with ETH but if the project is decent enough it should start to move away into it's own path.  There are a few that have used ETH for the ICO and then broke off onto their own platform.

During ICO phase, usually pegged with ETH but after ICO / Token Sale end, most of investor will calculate it with fiat (when they buy on ICO and when they want to sell it after listed on market)

i dont think so, not just in ethereum but in btc too. even if that project have new update they will reach it back.
we can see tron, i forgot the price when ico but its around 0,001$ then when bullrun come in late 2017 it jump so higher
i think more than 100x time, because i see the higher price is was 0,25$ with marketcap 16B$.

They don't even have hope on their token for creating their own blockchain then this project don't reach a successful phase in long term.Good to find a project which is actually working based on their plan not based on the situation.

I do not think because they pegged their price to Ethereum during ICO, their price upon listing would be affected as well, a lot of ICOs did this and they are thriving while some others did it as well and are flopping badly now. So it all depends on the team and community.

Some grew but many have been dumped. We will never know unless we see most of them recover and only time can tell about that day. And ethereum just became the contract and platform they have used to generate their own token but if its about the growth, it all depends to the developers.

It will come again and bitcoin will show its strength again. But the reality here is that some may recover but many won't be the same. Don't think that all of these altcoins will recover just because of bitcoin, if they are totally dead they will  be dead.

So far as I know , all ico that pegged into eth is always dump when it hit on exchange.
I don't know why this happen. I think this happen because the price of eth that also dump.

Yeah, but the question is do they also go with the growth of ethereum when it rises or bullish?

It doesn't matter if token pegged to ETH or not, it will correlate with bitcoin much more than with any other asset. BTC is the leader of the market from any point of view.

The token which was created on the Ethereum platform has its own price. But theoretically, if its price stays in place, it really grows when the Ethereum price goes up.

I don't think it will be bullish according to the previous price, maybe it will only go up by a benchmark of 10% because now people are still focusing on bitcoin & ethereum.

Nothing happens to such coins because they peg the prices in Ethereum in USD and not in gweis
So they are definitely not at loss

Only investors has a lot to worry about

I think think pegging a coins price to Ethereum will have effect on it's price after listing, because at any point the price of ETH usually have a dollar equivalent. So those who wish to sell their coins will be looking at the current price of ETH in order to sell their coins.

If the token that associates itself with ethereum or uses the ethereum platform then when the ethereum price drops they will experience a shortage of funds based on the platform even though the price of the token does not go down or increase, because the calculation of their platform will obviously experience a reduction in funds in ico.

That's for sure, all altcoins that are connected on the Ethereum platform will follow the price of Ethereum. So if the Ethereum price rises then the altcoin (ERC20) will also rise, but if the Ethereum price drops then the altcoin (ERC 20) will also go down.

It all depends on the coins themselves and what exactly they are, but I am sure that most coins will show growth!

A lot of them are currently undervalued and lost a lot of money but in the long term the ones that provides a working product will survive in the end and decouple from the ether peg

He was talking about the correlation between the price of token and ethereum.  Ethereum will not give a lot of impact to the price of token but the bitcoin does it. When ether was plunged and that should be the bitcoin was doing the same thing too.

It depends on how much this token is dependent on Ethereum. Some of them accurately copy the price of Ethereum, and some develop by themselves. But mostly the crypto market follows bitcoin. But, not all coins either.

I don't think price of tokens is pegged to ethereum, it shouldn't be. They run on top of ethereum network but their values should be independent.
I think it depends mostly on project and how successful it is.

This depend on project. There are quite some good number of projects that are making head-way despite the present price of ethereum. If ethereum should eventually surge, then the impact will be felt on a lot of coins, even some shit coins will go uptrend, but its better you choose the good ones from the outcome of your research.

linking tokens / coins to the etherum smart contract is the easiest for the time being than the other smart contracts. but it can actually be a bomerang for that coin. because of the risk of scam and finally a dump. that's just my opinion about this, but I think if the coin is potential, then the pump will also happen.

Surely the prices of tokens will rise if there is strong bull run only if the token is alive and I can bet that most of the ICOs tokens were already dead so don't expect those coins to be bullish when bull run on ethereum.

I believe everything will still get better with time. The rate at which ethereum is growing is quite encouraging and that is sign of good omen for good project ts that are using the platform of ethereum and are listed with ethereum! Pair on exchanges. I believe there is no cause for alarm.

Most ICO sets the price of tokens with Ethereum, because they use a smart contract system from the Etherum network. So, this is a clear reason why ICO often sets prices with ETH.

It depend how great their project and how hard work their team to make inovation. As i know project with good plan will continous their project same as their whitepaper and roadmap. Mostly really hard to find good project because most of them only want investor money and no doing anything like trying listing into market. We can call it failed project. Even ethereum in deep price but if ICO project have good plan and always improve it will raising their price also if ethereum reach new ATH.

I am sure that many projects with the return of the bulls will sharply go up in price. However, to give you a qualified answer, you need to name a few of your tokens.

For example, some projects want to take fixed token allocation with pegging the ETH'value to 120 euro. After the end of the token sale, token's price will be decided by the traders in newly listed exchanges.

To me is not always a good gamble because it can go wrong if the market goes the other way round. Ico will only gain much from it if Ethereum moon after the crowdsale and it can also be loss if get dumped after their sale

The price of  the tokens  on the  ETH platform  are highly correlating to BTC and ETH and to the overall market
situation. Those tokens which represents value will increase for sure when the market recover.

Pegging to the value of ethereum will not help anything because the price will have determined by the traders and demand itself in the market. Nothing happened and so many icos have used this idea and this idea can't help them all to touch the ico price.

Projects that built their programs on Ethereum will depend on the growth of the protocol to succeed, hence why choosing the protocol they build on top of is a very important decision. Though Ethereum has been slow to make upgrades, it is highly regarded and still popular in the industry as a smart contract platform. As Ethereum implements the upgrades, the Dapps built on top of it will see greater use and potentially value.

I think 95% of tokens seem to drop when ethereum does. They are children of the ETH ecosystem so when eth falls, they do as well.

I encounter some projects recently that accepting ethereum as a payment in their token sale or fund raising. When their ICO comes to an end, the development team suddenly discussed that their might be some changes in the ICO period, they extend it for the reason of the ethereum breaks down in terms of price. Some people are discouraged but take note that it is for the sake of the project to become successful.

The price of a token depends on supply and demands. If the demand is there then the price will increase and if the demand is not there then the price will fall. It don't depend on ethereum at all. The other factors that relate to it are the team behind the project. IF they can manage the price well by providing a utility of the token then yes, the price goes up.

It depends on the general market conditions, most tokens operate on the ethereuem blockchain but their token price does not go with ETH because what determine their price is the ability to command high demands in the market and that in most time have to do with the working product that support the token so in this case even if ethereuem price is going down such coin will still be increasing.

It doesn't matter if it's pegged in ETH or not. Any project will always experienced a massive dump after it's been listed in an exchange.

I also saw one project which I think wanted to be stable coin, however, as I have said, its been dump by whoever (bounty hunters or investors) and now the value is way below $1.

The majority is already based on the ETH. So, it is something originating from ETH's power. If the projects you are dealing with are bad, then you are not looking at the right place. And if these are the new ICOs, its reason is repeatedly stated.

Nope, most of tokens performance actually depends on Bitcoin performance, no doubt!
What makes ethereum's token price fall or grow, beside the Bitcoin, is the performance of the company (marketing, develpment progress, partnership) and its community. I think people are moving from technical analysis to the fundamental one.

One of ICO's goals sets their coins at eth prices because it attracts investors who want to invest their money. Besides that, benchmarking with eth makes it easy to actually calculate the token value offered by this ICO. With eth values, we know that one eth is equal to how many tokens. I am of the opinion that tokens pegged with eth values will have greater movements in the market. These coins that are pegged with eth will also often be exchanged for eth values and that becomes more interesting. This token will be more easily increased in price on the market especially if part of the payment or bonus uses eth then it will be very interesting.

ERC-20 coins are following not only ETH but BTC and the entire market. The price of the coin depends on the project itself
how they are fulfilling their promises. If the project is promising they should pump as well during the bullish trend and recover.

Unfortunately the Ethereums price lost open the worst path for the ICO business and i believe it was the biggest reason for crush. Nearly all ICO projects were using the Etherum for selling their coins and the price were $1350 in january 2018. With this raise everyone attacked to ICO's and invested just like crazy! And when the ETH price started to drop all project started to die slowly and we came to this point..

All of them thought that they will sell their Ethereum for 1500$ but the reality was a selling for 150$ that means 10 times of predicted profit and that is a lot (see how big soft caps icos have).

I will like to see it from the reverse angle from your last point, I think it was when project started to fail and being dumped, that ethereum started to lose its value, and the value of ethereum now is currently being maintained by direct investors and few through the projects that are still running on ETH smart contracts.

Most ETH based projects are already loosing value as they are not fully developing their projects, thereby not being able to attract investors that will acquire there token through ethereum, which I personally believe that it is the reason why the growth in price f Eth is daunted.

I totally agree with you.  But I would also like to draw your attention to the fact that the cryptocurrency market has fallen, and on the ico market, developers are offering investors to buy tokens at high standard prices.  After listing, these prices fall a hundred times And this is also unfair.  Who will invest at such prices, if it is better to buy a coin in the market.

Not all tokens will be wasted just like that, indeed many are associated with Ethereum but there are some that grow well. I think that depends on the hard work of the team and also the investors. A great team will definitely produce a great project.

investors might put of different option on unit with identification of variable to work as referring decision and manage of quest on investment plan to returns with target to complete on terms of examination.

Sometimes they grow and sometimes price drop, all depends on my opinion on how much money are on crypto and also how many people want to buy a coin and how much is total supply.

Some coins do well with ethereum when there's bull run. I have seen some that actually go above ethereum, ie when ethereum price is dropping they keep rising. It all depends on the project and developers.

not all tokens will experience price increases even though the bullish trend is back because all returns to the development of the project and everyone's interest in the project, if indeed there is a lot of development it is likely to rise when the bullish trend returns 90% but if you don't have good news then don't expect anything from the project

That doesn't answer OP question. I think he is curious if a erc20 token price is influenced by ethereum price or not. Well, the answer should be even erc20 tokens doesn't mean they will always follow ethereum price. But indeed, they are all following Bitcoin price. Also, project development and massive marketing will push the demand on the market which affects tokens price.

Yes, that is what happens now with the increase that occurs in the market will not determine the increase in tokens, depending on investor interest in tokens, let us examine properly whether it is true or not with all the developments that the team has promoted, even though Ethereum has no effect very much available in the market without investors taking part in it, I agree with that a little.

It still depends on the trust of the investors on those coins,  I've checked my portfolio and some of them are even going down, even if the price of ethereum is going up, CCN which is a coin I am about to receive later this month is down 69% and so are many of my coins.

It is obvious to expect the decent return for the coin if the price of the token is pegged to ETH price. Fixed price tokens are not a great idea because of the constantly changing market prices. Volatility is the double edge sword in this situation.

If the price of ICO pegged with ETH, then there will be advantage and disadvantage later.
The team will suffer from loss value if the market dump, but will gain profit if the market pump like now.
I guess it is better to pegged in USD value, so it won't be affected by the volatility of ETH price.

I think this was the major rice why the huge dump with etherium pegged tokens and ICO's, more than 90% of the ICO's that were developed under etherium contract were dumped on listing. Majority of those coins were initially listed on decentralized exchanges where the trade pairs are mostly etherium, obviously as the trade pair dumps the token dumps too

It is a really sad story actually, some project raise money when eth was $500 and they still not get listed, smart project are fix into fiat or usdt their raised funds, but someone not and they got -90% and now dont have money even for listing..

The same thing happens as with the whole market; the price of the ethereum falls; the price of the project token falls; developers sell Ethereum to stay afloat, which leads to an even greater drop in price.

Its not a new thing that many ICO projects runs on erc20 ETH blockchain and the fact is if ETH loses its value the ICO project gains goes down as well ,don't forget that this is why many ICO projects became success in 2017 due to the almighty bullrun

99% of ICO projects are running off erc20 blockchain and this means that if ETH surge in price and the ICO projects funds will be in massive gain but if price falls then the ICO funds is in big trouble ,only ICO projects that have there own block chain are safe

Its hard to predict on new token when start listing in market. Many factor why the price fall or rising but i think mostly depend on the project and which exchanger start listing. If the exchangers is big like binance, it will increase confident for their investor

That's not a news again we all know most of this coins depend on ethereum, if ethereum is growing they to if ethereum is dropping they to.

that's only for short term work of these tokens and it is only because they are being pumped and dumped and that this scheme is completely unpredictable. but the long term destination of all of them is completely clear. they are all headed down to zero and death. the only factor affecting that is their own uselessness. where they are listed won't change anything though.

but for new coins it won't be easy to list there because the fees are very expensive unless they really partner and do IEO there, attract investors not from where the coin listing but all seen from products they develop

usually when tokens generated from the ethereum network can grow if ethereum prices can move significantly upward. but in reality it did not happen in 2018/2019, because at present bitcoin dominates the market and does not have an impact on rising prices for ethereum, plus many cases of project fraud and this is also one of the things that affect the good fortune and bad fortune of tokens using platforom ethereum.

The finished product that they offer will determined the directions of the project, if they provide useful service or platform that attract investors the chance of getting good supports and bounced again is high, it will be in the hands of the team behind on how they will penetrates the market to be well known and invites more participants to support and follow the developments of the project they introduced.

Fate of those coins will depends from the full implementations of the products and from the huge support of the communities to achieved success.

Ninety-nine percent of all available ICO Projects are pegged to ethereum because they are using eth erc20 smart contract, so if ETH surge in price it will make the tokens increase as well since its running on the eth blockchain but ETH still depends on Bitcoin mostly,just like every other altcoins

for tokens from ico, especially those that focus on ethereum even though the trend of bulish or altseason occurs I don't think it will grow because I think investors know what it's like to lose a large amount if they hold the tokens they invested 2 years ago and now maybe altcoin will not focus on ethereum again but on some eg stellar, eos, binance chain, tron .