Why Big Successful ICO Coins Price are sinking?

[jayendo]

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?

Because the market is falling. In addition, most of these projects depended on the ETH or The BTC, and now that they do not collide with the best time, the need for these projects is also reduced.

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[entebah]

In my opinion, the ICO project that managed to raise a lot of funds from investors for now is difficult to see prices approaching ICO prices, I once asked the ICO project CEO who got large funds from ICO, he said that they were following the current poor market capacity, so Their project prices fall and are very cheap when in the exchange market. That is because the price of Bitcoin and Ethereum has decreased in price, and it has an impact on the ICO project.

[fileo]

Suppose this is the effect of bearish market condition for many months now. The domino effect starting from bitcoin to ethereum and to the rest of altcoins. The situation now is really embarrassing that sometimes regrets cannot be stop due to huge money investment in particular coin. After all of this bear market, the game is not yet game over. Bull run will be shown in the right time. Then what we should do to experience bull run? Hold your potential coins no matter what if you don't like to sell them. Wait for the right time of bull.

[mirakal]

In my opinion, the ICO project that managed to raise a lot of funds from investors for now is difficult to see prices approaching ICO prices, I once asked the ICO project CEO who got large funds from ICO, he said that they were following the current poor market capacity, so Their project prices fall and are very cheap when in the exchange market. That is because the price of Bitcoin and Ethereum has decreased in price, and it has an impact on the ICO project.

Exactly, because it could also go vise versa, just like the bull run that happened last year.
We cannot deny the fact that bitcoin is the most dominant cryptocurrency now as it has a huge dominance rate compared to all altcoins.

Even though the market is not good, some projects are still running their ICO and they understand that they might not raise a good amount of money but as long as they raise the soft cap, they will still pursue to continue in developing the project because this market is bound to recover.

[Arcanefist]

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?

In the era of ICO many people buy tokens to not use them, and not to use in projects, which appear after the ICO. Now, when the price falls, they usually sell their tokens. It's very simple.

[Moxivuki]

The success of the ICO project we saw was just that its token was able to enter the exchange, rather than its tokens providing us with real value! So the price of these tokens still depends on purchasing power!

[stue]

If an ICO has reached its level of success but is unable to maintain its consistency in achieving its next goals, then the ICO can sink. And the project cannot be explained as planned. Therefore, coins that are obtained from the ICO even though the distribution has also remained must always be monitored, if one day suddenly the ICO sinks, then the coins can be saved first.

[Alucard2425]

This month is really the month bear and almost all coins are red its like valentines day in the market some ico' didnt even make it,i guess that if btc will go down every coin will go down also. I hope next year it will make a huge bull run

[dentolas]

The market is down everywhere... some projects are less harmed than others, but in the end, almost all of them went down with BTC...
You also have to consider that these are times of selection... so some projects, even though they have collected a lot of money, might be facing problems, some people may have some scam suspicions, teams that are silent, promises that are not delivered, etc...
this means people are not believing enough to buy the deep
have you checked those projects on telegram, for example?

[_ZeD_]

It's all about the bitcoin connection. Many made a profit in the rush to fix the profit in bitcoins. And Bitcoin, in turn, is changed to dollars in the hope to buy Bitcoin cheaper and then buy cheap coins. All this is growing very quickly like a snowball.

[Kamidzy7]

So because people are already afraid to invest in ISO and take tokens in General,as this year showed,100% of projects after ISO,as soon as they are listed on the exchange, immediately minus X5-10 instantly the price falls within a couple of days!?What the hell,paradox?or specifically someone manipulates and does that,I'm inclined to believe the latter option is correct,so people are now SCARED AND AFRAID

[goku21]

no matter how successful a project or an ICO can be, even if the amount of money raised can be substantially reduced the price of its tokens due to the condition of the crypto market. not ico or a project will connect the value of token or coins but rather a cryptocurrency market that depends on bitcoin.

[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?

The market for the entire cryptocurrency market will be affected by the price of the BTC.

[TomInVa57]

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?

Demand for these projects is low. When they attract a lot of money, it does not mean that they will provide the end-user demand draft, so the price is simply falling, and no one can stop him.

[CelebratingBTC]

ICO coins have sprouted like mushrooms.  There's so much supply but the demans is lesser now.. Might be a possible reason.

The actuial reason is that right now the market of the crypto currencies is down and people are facing many loses so they do not move their money from one coin to another and not even in good ICOs that is why the demand of that coins are lower. The future of it will be better.

[HauntOne]

Obviously by the fact that the overall capitalization of cryptocurrency is declining, that is, the outflow of investors.  The reasons are clear - this is a general lack of confidence in the crypto environment due to its unreliability

[dumplingsandsushi]

The answer is simple: the projects are actually NOT promising at all.
Just because they raise a lot of money during an ICO doesn't mean that it will have future success.
In the real world, only 10% of new companies and startups make it past their 2nd year.
Why would crypto be any different?

This year especially, I have yet to see any truly unique companies emerge.
They have all been copies of what's already here, claiming they can do better.
Most of these are too late to the game.
Also, with the bearish and then collapsing market, they have very little chance of succeeding.

[ije07]

no matter how successful a project or an ICO can be, even if the amount of money raised can be substantially reduced the price of its tokens due to the condition of the crypto market. not ico or a project will connect the value of token or coins but rather a cryptocurrency market that depends on bitcoin.

bitcoin does have a big influence on the market and therefore it is not surprising if the market turns red because bitcoin prices fall and the market is difficult to recover because bitcoin still cannot recover so I hope that bitcoin will recover soon so the market can recover soon

[whaawh]

Obviously by the fact that the overall capitalization of cryptocurrency is declining, that is, the outflow of investors.  The reasons are clear - this is a general lack of confidence in the crypto environment due to its unreliability

In any case, we will have a good future for cryptocurrencies, but the current state of the cryptocurrency market needs to be improved. I think that many investors have turned away from cryptocurrency precisely because of falling prices and this is where I get into the first place of the big whales that manipulated the market.

[artur.borovoj]

If the price falls so fast after entering the exchange, then the holders do not need their coins. In this market, people try to keep their savings in bitcoin or ethereum.