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Bitcoin Forum > Alternate cryptocurrencies > Altcoin Discussion > Why do projects after a successful ICO lower the price of their tokens?
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Author Topic: Why do projects after a successful ICO lower the price of their tokens?  (Read 302 times)
Just John
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May 23, 2018, 06:11:55 PM
 #41
They are not the ones that lower it. The problem is that when a coin hits exchanges newly, it can take time for trading to pick up for the coin and so until that happens, the price of the coin will drop because it would seem like its not valuable if people aren't buying and trading with it. Once trading picks up the price starts going back up
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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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May 23, 2018, 06:15:38 PM
 #42
Many ICO projects do not have real potential for development. Recently, many ICO prices have fallen after entering the exchange. I don't think the bounty hunters are the main reasons, and the possible project teams are selling their tokens.
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