My thought that the binance exchange site gives nothing to the cindicator how the majority of the investors are still lost a lot of money in the bitcoin rule. As you can see from the coinmarketcap's history about the CND token if the bitcoin price was around 350 satoshi and this time it's only worth 170 satoshi.
That means 50% drop for the ico participants. I've a little lost in cindicator since ico.
I doubt that a listing on an exchange can really do much for a coin these days. We all know that all it takes is an upfront payment from the devs to get it listed. Furthermore, this is Binance, not exactly the "global" reputation of Poloniex or Bittrex, or not even the heavy volume platform like Bithumb is in South Korea.
And yes, thank you for pointing out that it is half the price of ICO listing. People need to see that in the majority of ICOs, you are buying with Bitcoin, or ETH, not in fiat. If you kept your BTC instead, you could buy twice the tokens of most ICO alts, AFTER the ICO.
It seems you dont know the recent history... BInance itself regarding requests of users, asked CND team to list it.. but they refused, because it was during hardforks. So i don't think it was a money related problem.. they could have done it before but didnt.
Regarding the price, yes in terms of BTC, most of the alts (95% maybe?) have been loosing value because of the bull run of BTC.
But i still think:
1) BTC is stupidly overvalued.. there are many many coins much more usefull than BTC, and i hope one day it will be replaced.
2) when you claim like many people BTC is king... there are many many other coins that rewarded their holders with more profit in shorter time.. e.g: QSP, NEB, RDN...
honestly.. i HATE Bitcoin! and hope there star to appear smart people that realize it is not worth that much, so money begins to flow to altcoins that deserve much more