Why Big Successful ICO Coins Price are sinking?

[Henrobakkara]

maybe because they failed in development so as to reduce the interest of traders or maybe because indeed market is currently experiencing very drastic decline in prices ..., especially ETH which affects the price of these coins

[disconnectme]

Is you that conclude they are big,  the last bull run cause alot of damage to investors, ridiculous valuation is the number one, because a project that only need $1 to $2 million asking for $50 million and the good thing about market is that it is very intelligent to know the true value of a project, it is what they worth that the market valued them

[okeanos]

All crypto market has down after killer bearish condition. People get stressed and sell their coins in lower prize. I think it is not for everyone to see their hard earned money goes down -%10 everyday.

[5ensei]

It is down to poor marketing practise. I have not heard of these Pumapay, HDAC, Cryptosolartech, Bankex other than a small mention here and there. They only do promotional work during the ICO phase, but after that it all goes pear shaped

[MCJamison1987]

Most coins/project depends on Bitcoin and Ethereum.
When these two prices drop, it affects other crypto coins as well

[vallydelly]

Well it's market decision and mind you that most of the ICO that raised huge money are from private investors and the money they raised is to build the project, so if much marketing is done much people won't know about the coin, remember the space is yet fully matured, most of the volumes comes through trading and from platform use utility

[chenczane]

Even the coin raised a huge amount of money, it doesn't have a bearing on the current price on the market. It's all about supply and demand but for crypto, it also depends on the price of main coins like Ethereum and Bitcoin. If both of them falls down, so as other coins as they are dependent on it. We all know that alts doesn't have the ability to be converted to fiat and it relys on another altcoin to do that. You know what I mean.

[Bezobraznike]

All crypto market has down after killer bearish condition. People get stressed and sell their coins in lower prize. I think it is not for everyone to see their hard earned money goes down -%10 everyday.

   It`s not easy to look at that, but some of us save those coins despite this hard drop in prices. I think one day this market will grow a lot more
than ever before. Before everything this is a technology that will be adopted worldwide one day. This fluctuations are just reflections of actions
inside crypto-community, which is small compared with entire world population.
   Many more people needs to get interested in crypto-currencies, when that happen, and I believe it will, prices will go to the moon as some early
adopters used to say.

[Felic43]

Bitcoin is down ethereum is down and most of this ICOs are base on bitcoin and ethereum so it will definitely affect them, possibly not too strong ICO will fall totally

[Vilagra]

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?

It is simple, almost all of these projects collected money when there was a big bull run and after this market began to drop down and many projects fell 10-20 times, these projects fell too, for example HDAC collected 320kk in the previous december, it was a big hype in crypto, people invested in everything, nowadays HDAC wouldn't be able to collect even 20kk, if we imagine that Hdac is traded nowadays by ICO price and its capitalization is more than 320kk, it must be on top20 coinmarketcap, it is too much for this project. This isn't HDAC's problem that people invested in december-january without thinking that 320kk is too much for this project and it is hard to wait profit from this project, than more hardcap than more probably ICO will be trading below ICO price because everyone who wants to buy their tokens could do it during the ICO, and when token lists on exchange noone need it.

[drachman]

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?

You already know the answer to that but you do not want to admit it, the market is not giving profits to almost anyone, even if those projects were any good the circumstances in the market are terrible and almost no coin is going up after it enters the market, the only thing that you can do if you are invested in those projects is to wait for the market to recover.

[Elysio]

because pre-sale participants get very cheap prices. people who buy from the public sale are costly and they suffer damage. Purchasers from pre-sale are not locked in coins. therefore they are selling immediately.

[Perfect35]

This fault sometimes, might not come from the projects itself, but the market situation which determines the price, alongside other factors can bring about this effect. I have seen quite a number of them dumped. Even if the project team decides to do a buyback, there is little to how far that can go,because after the whole buyback, the price might dump again. So organic growth most times is the best.

[zabir.brutov]

Because everybody is waiting for the next bull run. At the moment every investor is holding, because it is very risky to buy the coins at the moment, because nobody knows what will happen in the next days.

[thesmallgod]

They are sinking because the price of the tokens are tied with base altcoin which is ETH, NEO, EOS and ones the price of those base digital currency start falling then they will also go down. This is exactly what is happening now. Dont forget this token have ones also rise even above the ICO price before that was when the ETH price rise to around 600. I can remember vividly the AION that I participated in their Bounty. Despite the massive dump during the listing, the coin recovered and rise more than 3x of the ico price but today the coin has fallen less than 500% of initial price.

[ghost07]

Because the market is also bleeding and the investors are converting their tokens into BTC or Fiat,
That is the real reason why it is dropping don't blame the bounty hunters because they just hold a small portion of the whole supply.

[Monro3000]

As soon as the level of trading volume falls, then immediately after it the price flies down. Because it is an indicator of distrust to the coin and not a desire to trade it. Unfortunately, the bearish mood on the market has turned many good coins into useless candy wrappers.

[btc78]

Nothing to deny that this is the impact of dip market,investors are afraid of their money so they have dumped their coins for safeties of their hard earned money
and even how we trusted the project we cant deny the fact that we don’t want to lose as big on our part when we can pevent this from happening this is a investors instinct

[Russlenat]

This is all because of the market fall, all crypto and even the successful ICOs are also falling, I think it's true that all altcoins is just rely on bitcoin price.

[jyotianand01]

This is not happening in particular coins but all coins of the market as market sentiment is weak and effect of that is showing clearly. Even BTC price is also sinking and all coins follow the base currency of this market and when BTC start rising then market also start to going with that trend.