Why Big Successful ICO Coins Price are sinking?

[vKedax]

I think that any project needs buyers who buy this coin on the exchange after ICO, this is a speculative market, and if there are no buyers, then the price falls.

[sinkfish]

they shouldnt rely too much on public for the funding.

[nonbody]

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?

At present, many large and successful ICO projects are affected by the depressed market conditions. I have not seen which project token prices can rise in the bear market.

[suzanne5223]

The ICO projects are ruining the cryptocurrency world. Please don't take me wrong there are some great ICO projects there are doing smth for the whole blockchain ecosystem but other ico's are just shit projects with nothing to offer, but a quick way for the team to have a lot of money

I definitely agree with what you said because there bunc of ICO project out which are copy cat, do have the right utility/concept to survive the cryptocurrency market while some don't have the genuine features to offer the cryptocurrency spheres.

[trade2winnn]

Because this is now the trend of the market, for 10 months the market is based on bearish, and many investors withdrew their money, and now ISO is collecting money, manipulators are immediately connected in order to lower the tokens by 5-10 times,and buy them at a lower price, that's because of this, too

[Thanasis]

This is because of over prices in ICOs and the project team also may dumped their coins for profits at early stages when their coin listed on exchanges.And moreover not all the projects who raised more than millions in few hours after their ICO sales begin were not successful this might happened because of their high advertisement strategy which attracts the investors early even their project is not worth to invest.

[CrimBit]

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 the importance of seeing the team behind the ICO project before deciding to invest in it. No matter how successful or blazing the ICO project was at first, in my opinion the most important is the team that continues to develop the project. As you said, trading volume is very low and prices are very low compared to ICO prices. That is why, keeping up with well-known crypto trends and currencies like bitcoin and ethereum.

[Symptomatic]

Big successful ICO coin prices are sinking, and there are some reasons for it. First of all the market of crypto is not very stable. And also it is prompted to remember that even though a coin might have a great ICO run still it may loose its value.

[Ultimist]

In this case, it is necessary to monitor the project itself. If he continues to evolve and work on the product, then the price of his coin will still rise. Most likely this situation was due to the low market.

[Angleworm]

The market being bearish, this is really a delicate situations for ICOs. Also a lot of scams hurt a lot so probably people are not buying them so easily. It's just a mere speculation.

[miropp]

Perhaps these projects were not as good as it seemed at first glance. In any case, it is necessary to look at the work of the team. After all, if there was no news about the project for a long time, people just lose interest in it. But I think we should wait for the market to recover. Then we can see what the coin is.

[Drobek]

Some projects are good on paper but they don't have the right or qualified team to bring what's in the whitepaper to reality

[drmasa]

Bear market is hitting everyone. So when investor put 1eth that was 500$ in for example cryptosolartech and when coin get listed on exchange eth fall to 220$, what else can you expect than panic selling? And he expected 10x gains!

[Merdeop]

There are several reasons: the market is in decline, the projects is not developing, just fraud. Perhaps after the recovery of the market some coins will rise in price.

[Saisher]

We are in a red market, and the majority of the coins are in red not only all the coins that you mention, if we step in the bull period and the coins you mentioned are still in red then there is something wrong with those coins and they are not getting enough support to take off.

[akashark]

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.

No, mate. They are not scamming. They are doing well and updating their products and community! But I don't know why people are not interested to buy these tokens. I forgot to mention Bankera Coin too. That was also a big successful project! But their price is also dumped! So, what can be the reason behind it, I am looking for it. I searched on google but that answer wasn't good.

[Angleworm]

The market being unstable may be the reason behind it.Also there are a lot of scams that make the people scared in investing them.

[owlman]

Yes, now the prices of all the coins are very low and are sold at a much lower price than the ICO, no matter what project it is, how it develops, what positive news is around it. It all depends on market conditions, the price of Bitcoin, investor sentiment, and many also attribute such investor passivity to the SEC’s decision on Bitcoin ETF.

[mummybtc]

I think there are many questions than need answers to this year, because for me some team would claim they were able to raise such huge amount of money but later found out that they did not raise that much but because of their gread they decided to continue with the project, also we investors need to ask ourselves question are we investors or gamblers. It is not the fault of the team if one of the investors decided to sell some he/she bought for $1 at $0.01. Ridiculous valuation to me cause all these mess we are now but we can not change the past but the future

[ardentvolcanoes]

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.

No, mate. They are not scamming. They are doing well and updating their products and community! But I don't know why people are not interested to buy these tokens. I forgot to mention Bankera Coin too. That was also a big successful project! But their price is also dumped! So, what can be the reason behind it, I am looking for it. I searched on google but that answer wasn't good.

It's maybe a testing grounds for those promising projects not only for the team but also for the community who give them the chance to start the project, we seen a lots of those project inside the market who are falling and seems to be dumped hugely, are they already scam? only investors and supports can answer this as we do have our own opinions about this matter, we should be responsible in any act that we made inside the market.