Why Big Successful ICO Coins Price are sinking?

[akashark]

What's going on with big successful ICO projects? Big Successful Projects like Pumapay, HDAC, Cryptosolartech, Bankex. Look at their coin price, every coin price is like nothing and their trading volume is too low! Pumapay raised 117 Million USD, but their trading volume less than 2 Million USD and coin price are just ridiculous. HDAC, Such a promising Project it was, but HDAC ico investors are lost their investment, ICO price was 1.25 USD per HDAC Coin and now it's trading with 0.037 USD! Seriously? And the same thing happened with Bankex, Cryptosolartech. But Why? What is the reason behind it?

[harapan]

Yes, I see the coins that you mentioned above have very cheap prices on the market, maybe this happens because the market is currently experiencing a price decline, causing a lot of ico coins that have lower prices ... but if their products are more famous or the team buy back then there will be a possibility that the coin will experience a price increase

[Screamshot]

Well the situation with the cryptocurrency market is not only peculiar to exiting coin and altcoin it also effect new altcoin that had a successful ico but some are not so much affected. Yes the coin you mention had an OK iconic where effected by market situation

[ImHash]

One reason I could think of is that, It's a scam  When you have a project raising millions of dollars, Pricing their coins at let's say $1 per coin when investors wanna buy them in the event of an ICO and later the price drops down, It was a scam coin, Team and project.

[proTECH77]

What's going on with big successful ICO projects? Big Successful Projects like Pumapay, HDAC, Cryptosolartech, Bankex. Look at their coin price, every coin price is like nothing and their trading volume is too low! Pumapay raised 117 Million USD, but their trading volume less than 2 Million USD and coin price are just ridiculous. HDAC, Such a promising Project it was, but HDAC ico investors are lost their investment, ICO price was 1.25 USD per HDAC Coin and now it's trading with 0.037 USD! Seriously? And the same thing happened with Bankex, Cryptosolartech. But Why? What is the reason behind it?

The market in general is experiencing a decline in price which is not limited to certain coins but all coins in crypto world. The reason for this decline is as a result of SEC regulation in crypto-industry, patience is the solution for all investors......

[DyllanGM]

That is the hard truth in cryptocurrency. Because it is so unstable that prices can be very expensive or cheap depending only on the news around the world. Any slight bad news for crypto and then the prices go rolling down, and there will be no exception even if how good the product is.

[markmac]

I'm sure we will see a surge on token price for DAPP platforms as they begin to gain traction.

[adzino]

What's going on with big successful ICO projects? Big Successful Projects like Pumapay, HDAC, Cryptosolartech, Bankex. Look at their coin price, every coin price is like nothing and their trading volume is too low! Pumapay raised 117 Million USD, but their trading volume less than 2 Million USD and coin price are just ridiculous. HDAC, Such a promising Project it was, but HDAC ico investors are lost their investment, ICO price was 1.25 USD per HDAC Coin and now it's trading with 0.037 USD! Seriously? And the same thing happened with Bankex, Cryptosolartech. But Why? What is the reason behind it?

This is one of the reasons why I consider ICOs as a terrible investment (just my opinion). No matter how much successful or blooming the ICO project may seem initially, the aftermath most of the times end up being a disaster. Like you said, extremely low trade volume and ridiculously low price compared to ICO price. That's is why, just stick with trending and well known crypto currencies like bitcoin and ethereum.

[Bittalk12]

It is sad to say that most ICO nowadays are sinking the price exaggeratedly because of the bear market. Most of its investors preferred to let go of their holdings and decided to invest to a stronger project or part of the top 10 altcoins in coinmarketcap. A massive selling always happen to an newly listed altcoin so this type of scenario is pretty normal and to be expected. These ICOs really looks promising but it also looks like the way they handle the project is pretty disappointing because of poor management.

[ccsang]

Project big successful in ICO doesn't mean it's must give back investor 10x profit return when first listed on exchange, I've join some ICO project that raised more than 20M, after few month price don't give me 10x profit , it's subtract 10x ICO price now, I've no idea what is the reason, maybe market price still under correction?

[maldini]

Yes, I see the coins that you mentioned above have very cheap prices on the market, maybe this happens because the market is currently experiencing a price decline, causing a lot of ico coins that have lower prices ... but if their products are more famous or the team buy back then there will be a possibility that the coin will experience a price increase

not only because market conditions are decreasing, sometimes we have to see how good and influential the ICO is. Just look at ubex, this ico has just finished completing the ICO and now the price is rising high in unfavorable market conditions, because ico has a good influence and concept for the community

[Eleven86]

Yes, I see the coins that you mentioned above have very cheap prices on the market, maybe this happens because the market is currently experiencing a price decline, causing a lot of ico coins that have lower prices ... but if their products are more famous or the team buy back then there will be a possibility that the coin will experience a price increase

Definitely this is happening only because of the price fluctuations. Also people are losing trust in ICO as most of them are scammers. Also there are most of the promising coins as well.

[Pelunize12]

Yes, I see the coins that you mentioned above have very cheap prices on the market, maybe this happens because the market is currently experiencing a price decline, causing a lot of ico coins that have lower prices ... but if their products are more famous or the team buy back then there will be a possibility that the coin will experience a price increase

not only because market conditions are decreasing, sometimes we have to see how good and influential the ICO is. Just look at ubex, this ico has just finished completing the ICO and now the price is rising high in unfavorable market conditions, because ico has a good influence and concept for the community

Ubex just one in a thousand, just small ICO like that nowadays. or you know again?
i personall agree that market conditions are decreasing, those make not only exciting coin drop, but ICO coins are drop too

[apilpirman.bisnis]

I am still unbelievable with success ico project for selling and get hard cap target, but their coin after listing at exchange market too cheap and low, maybe team ico and owner have run away for listing at bigger market of their coin ?

[anobtc]

Well, when they started their ICO, the ETH price is around 600~800$, and now it's 200$. So you can understand why the price is dropping so many times compared to the ICO. The second is that many investors have sold off and not keep the market down.

[Ulya63]

This cryptocurrency market can be anything. Many successful projects after ico just stop working on the product. And the price of a coin lies at the bottom for many years. Here the current growth of the entire market like last year can help. Everyone needs a current bitcoin and this is perfectly shown by his domination.

[BitcoinTurk]

Market conditions are moving towards worse situations with each passing day. Unfortunately, as a result of the decrease in the money circulating in the market, each field has been activated, and unfortunately, ICO projects have the most serious impact on the affected areas. Especially in the last few months, the lack of successful price-based projects is noteworthy. Last year, these projects, which offer incredible earning opportunities, unfortunately do not offer earnings this year, and on the contrary, they cause damage to the investor. For example, although the UBEX project, which was completed for the last day, seems to have won, it has unfortunately not provided any income to its investor. The reason was that both late token had been delivered and the project team did not progress properly.

[bit-freedom]

IMO, it is not only the prices of ICO projects’ coins are shrinking. The overall crypto market has been affected. If you believe in the project, it is a good time to buy more of the coin at a low price.

[boltz]

Indeed. I also saw that HDAC is doing so bad lately and the community has started to have questions regarding to project and development but if we retrace back in winter you can see clearly that bitcoin price was at it's highest and HDAC ICO was in running in that time so this puts HDAC to be tight with the curent price of bitcoin scaled at hdac price.

[therhslv]

What's going on with big successful ICO projects? Big Successful Projects like Pumapay, HDAC, Cryptosolartech, Bankex. Look at their coin price, every coin price is like nothing and their trading volume is too low! Pumapay raised 117 Million USD, but their trading volume less than 2 Million USD and coin price are just ridiculous. HDAC, Such a promising Project it was, but HDAC ico investors are lost their investment, ICO price was 1.25 USD per HDAC Coin and now it's trading with 0.037 USD! Seriously? And the same thing happened with Bankex, Cryptosolartech. But Why? What is the reason behind it?

I dont think pumapay raised 117 million USD , i think it was Fake collected INFO so people would contribute . Thats how many of ICO's novadays work . They show ICO contribution bar almost half so people will think they are kinda good project if people contribute . Take in mind projects who are honest always have contract adress and contribution adress public . The ones who are not always say they have seperate adresses for each contribution lol . Thats kinda red flag for me