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Author Topic: Ethereum price killing a lot of new ICO tokens  (Read 578 times)
giletto
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October 23, 2018, 08:03:07 AM
 #101

Series of tokens have been developed and some are still in the ICO. Those that have been completed and listed on exchange are really suffering a big blow in term of loss of value in the exchanges. The new ones are scared of being listed on exchange at the moment because of the market situations at the moment and the effects it could possibly have on their tokens' value.
But I don't think so. ICO helps ETH price increase quickly and it also makes ETH price fall down very quickly. ETH depends on the ICO but there are too many ICO scams and they sell all ETH after the ICO, and it has caused the ETH to fall down as it is now. And now the ICO has been abandoned and it is difficult for the price of ETH to rise again


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bagikoin
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October 23, 2018, 08:10:18 AM
 #102

ethereum really give hard knocks for the ICO. even the most experienced of the extension because of the value that they are targeting is becoming increasingly fall caused by the influence of the value of the ethereum too. This being is one reason that this year is a time of less well for most of the ICO and their certainly this can be continued when the value of the ethereum not stable or rising.

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hawkins
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October 23, 2018, 08:16:28 AM
 #103

ethereum really give hard knocks for the ICO. even the most experienced of the extension because of the value that they are targeting is becoming increasingly fall caused by the influence of the value of the ethereum too. This being is one reason that this year is a time of less well for most of the ICO and their certainly this can be continued when the value of the ethereum not stable or rising.
You're right, not only in the new ICO, but this also affects the ICO who have already run their projects. well, this really has an effect. but I think the price of ETH will be higher again.
jcojci
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October 23, 2018, 09:33:21 AM
 #104

Series of tokens have been developed and some are still in the ICO. Those that have been completed and listed on exchange are really suffering a big blow in term of loss of value in the exchanges. The new ones are scared of being listed on exchange at the moment because of the market situations at the moment and the effects it could possibly have on their tokens' value.

It is because every ICO price follows with ethereum price and if ethereum is not reached more than $500, then the ICO price will not increase. Many investors losing hope from the ICO and they don't want to speculate with the ICO, and they feel good if they can invest in ethereum only than in the ICO. The ICO itself become a scam and run away with the investor's money, and this makes the investor losing their trust to the project too.
giacatluong
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October 24, 2018, 07:16:07 PM
 #105

It is also a natural rule for new coins to be raised based on ETH. It is a big challenge for our entire market now that ETH has fallen sharply.
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