Binance’s IEOs keep Dumping, but why?

[Tipstar]

There have been several issues with Matic and I don't think it would be wise to blame binance for it. Binance can't just always carry the tokens to a better price. When the project does some mistakes, it's bound to fall. Most of the IEOs in binance are still in positive ROI and matic is one of the exception.

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[htsy585]

There have been several issues with Matic and I don't think it would be wise to blame binance for it. Binance can't just always carry the tokens to a better price. When the project does some mistakes, it's bound to fall. Most of the IEOs in binance are still in positive ROI and matic is one of the exception.

Binance shouldn't be mention in the same sentence with Matic dramatic dump because the team clearly put out a statement on social media which clearly states that the dump originated from them since they release 25 percent of team token as scheduled ok the whitepare tokenomics

[Bim abk]

There have been several issues with Matic and I don't think it would be wise to blame binance for it. Binance can't just always carry the tokens to a better price. When the project does some mistakes, it's bound to fall. Most of the IEOs in binance are still in positive ROI and matic is one of the exception.

Binance shouldn't be mention in the same sentence with Matic dramatic dump because the team clearly put out a statement on social media which clearly states that the dump originated from them since they release 25 percent of team token as scheduled ok the whitepare tokenomics

we really can't blame binance because the one in question is the developer who should be more responsible for the dump, and the error is indeed not Binance's fault because so far Binance is still awake

[carlzec]

CZ reads the market very well. A forward-thinking investor. You want to make a good profit from Binance. Follow CZ and its policies closely. CZ can create new winds at any time. This means new investment opportunities.

[VanDeinsberg12]

I don't think Matic team is free from the manipulation, this is part of the danger in a yet to established altcoin, you never know when the evil killer trigger is going to be pulled. I have severally be injured by these altcoin, this is why I am now a bounty hunter. Ordinarily I prefer trading to hunting.

Matic team have manipulation with their coin price, look and compare with matic price during IEO time and how much investor loss with matic coin price right now, I think matic owner and team have run away and enjoy with how much profit have got during IEO time.

that's what im talking about, the real intention for the pre-mined coin to be dumped to the market. whatever the team said about that but that's the real purpose of the pre-mined coin which has already owned by the matic team. How possible someone bought more than 350 millions matic on the IEO price.
That must be a manipulation that already made by the team x binance team. IEO on binance looks garbage right now with so many manipulation to take the user's money.
IEO is a very bad thing right now and it can bring everyone to the big loss.

[heidikim]

The icos were very fashionable. Now IEOs are popular. What do you need to do? It is necessary to know that the coins that can be obtained from IEO may experience a lot of fall. Because the grandfather of the IEOs, similar things happened in the ICOs.

[vintages]

I'm not a fan of Binance Initial Exchange offering (IEO) but this dumping happen to Matic is very hurt specially if you are holding matic well if you take a look the chart history of matic in the past you will noticed a good run for this altcoin, but always remember not all the time the altcoin will stay on the top.

Just because they launched their IEO on Binance do no make them a trustworthy coin or being capable to stand the race in time.
Probably the coin was a 'very good' shitcoin which was designed for this exact purpose. They draw what seems to be a good plan, launch the IEO on Binance, wait for some months then dump it drastically.
Trusting cryptocurrency project these days is hard.

[princecharles]

It's understandable that the market has taken a new switch lately with the bearish trend of several cryptocurrencies. I'm personally not surprised about the turnout of Matic which happened to be a top hit on the dumping of tokens. Binance team suspects bag holders to be responsible for the massive dump and promises to carry out more investigation into the abnormally.

[meanwords]

I'm not a fan of Binance Initial Exchange offering (IEO) but this dumping happen to Matic is very hurt specially if you are holding matic well if you take a look the chart history of matic in the past you will noticed a good run for this altcoin, but always remember not all the time the altcoin will stay on the top.

Just because they launched their IEO on Binance do no make them a trustworthy coin or being capable to stand the race in time.
Probably the coin was a 'very good' shitcoin which was designed for this exact purpose. They draw what seems to be a good plan, launch the IEO on Binance, wait for some months then dump it drastically.
Trusting cryptocurrency project these days is hard.

Typical pump and dump schemes. I just can't believe that people still believe in this kind of things. I don't care if Binance is one of the leading exchanges in the world, at this point, all new projects are shit. Look at the price history, it looks so sketchy, getting pumped in a short amount of time. The Matic team probably saw an opportunity to make more money just like what the dev of Ethereum did to his coin.

[South Park]

It's important for this type of IEOS that the team and initial investors have vesting. That way they cannot sell their coins for at least a year or 2 years. That way the next investors are protected from big whales that just want to pump and dump and gives the project enough time to develop and grow.

The market doesn't work like that, no one is going to invest in a coin that you cannot sell for two years also I really think that it is impossible to force people to wait for that long, and if all of that was not enough the truth is that most projects are created only for the sake of speculation or scamming their customers not for long term growth so the measure that you are proposing is never going to work out in the market of cryptocurrencies or any market by that matter.

[bittick]

There have been several issues with Matic and I don't think it would be wise to blame binance for it. Binance can't just always carry the tokens to a better price. When the project does some mistakes, it's bound to fall. Most of the IEOs in binance are still in positive ROI and matic is one of the exception.

Binance shouldn't be mention in the same sentence with Matic dramatic dump because the team clearly put out a statement on social media which clearly states that the dump originated from them since they release 25 percent of team token as scheduled ok the whitepare tokenomics

we really can't blame binance because the one in question is the developer who should be more responsible for the dump, and the error is indeed not Binance's fault because so far Binance is still awake

The developer can keep the sustain development progress and the investors have been starting to enter the disbelif phase which mean if dump will happen when the investors started to enter the dump phase after they are feeling disbelif to the project. that happens with the whole of IEO on the binance platform

[princerepon]

There have been several issues with Matic and I don't think it would be wise to blame binance for it. Binance can't just always carry the tokens to a better price. When the project does some mistakes, it's bound to fall. Most of the IEOs in binance are still in positive ROI and matic is one of the exception.

Totally agree with you. I have no idea why people think an exchange is cause of dumping. I mean isn't it a regular matter in trading world. Some investor invested their money on that project now some reason they sold their asset. So what is problem with that..?

And i don't think it's good idea to investigate traders data for that. Binance already loss their reputation for couple of reason. So if binance take such a step like this then traders will not show their interest any more to trade there.

[Lauren Smith]

There have been several issues with Matic and I don't think it would be wise to blame binance for it. Binance can't just always carry the tokens to a better price. When the project does some mistakes, it's bound to fall. Most of the IEOs in binance are still in positive ROI and matic is one of the exception.

Totally agree with you. I have no idea why people think an exchange is cause of dumping. I mean isn't it a regular matter in trading world. Some investor invested their money on that project now some reason they sold their asset. So what is problem with that..?

And i don't think it's good idea to investigate traders data for that. Binance already loss their reputation for couple of reason. So if binance take such a step like this then traders will not show their interest any more to trade there.

I think people just like to have something or someone to blame so things make sense to them. They blame the exchange or bounty hunters. Who knows why they are dumping. To me why invest in something you gonna just sell right away and lose money on.

[CarnagexD]

There have been several issues with Matic and I don't think it would be wise to blame binance for it. Binance can't just always carry the tokens to a better price. When the project does some mistakes, it's bound to fall. Most of the IEOs in binance are still in positive ROI and matic is one of the exception.

Totally agree with you. I have no idea why people think an exchange is cause of dumping. I mean isn't it a regular matter in trading world. Some investor invested their money on that project now some reason they sold their asset. So what is problem with that..?

And i don't think it's good idea to investigate traders data for that. Binance already loss their reputation for couple of reason. So if binance take such a step like this then traders will not show their interest any more to trade there.

Yeah absolutely true dumping is just a result of investors getting what they have invested on a certain project, I mean it is rge nature of newly introduced market for altcoin which is the  dumping. Well talking about binanc there is so much to argue about but not just its capability for listing new coinw in the market. IEOs im binqnce are still great to have these days since they are a lot profitable than any other IEOs from other exchanges.

[Ezravdb]

There have been several issues with Matic and I don't think it would be wise to blame binance for it. Binance can't just always carry the tokens to a better price. When the project does some mistakes, it's bound to fall. Most of the IEOs in binance are still in positive ROI and matic is one of the exception.

your thoughts are absolutely right. Matic dump cannot blame binance. ieo in binance is always a big success and investors get high roi when tokens are released to the stock exchange. Matic dump is caused by developers who sell their rights as explained by our friends. let's think positive.

[poodle63]

It's understandable that the market has taken a new switch lately with the bearish trend of several cryptocurrencies. I'm personally not surprised about the turnout of Matic which happened to be a top hit on the dumping of tokens. Binance team suspects bag holders to be responsible for the massive dump and promises to carry out more investigation into the abnormally.

that's a classic story when the exchange sites and team are blaming the token holders. How can i buy 3% worth of thematic coin from the smartcontract. If i can do that and i wanna buy it lol so many strange things happened with this project and even binance exchange site and i curious what's the agreement that happened between both

[carlfebz2]

There have been several issues with Matic and I don't think it would be wise to blame binance for it. Binance can't just always carry the tokens to a better price. When the project does some mistakes, it's bound to fall. Most of the IEOs in binance are still in positive ROI and matic is one of the exception.

Totally agree with you. I have no idea why people think an exchange is cause of dumping. I mean isn't it a regular matter in trading world. Some investor invested their money on that project now some reason they sold their asset. So what is problem with that..?

And i don't think it's good idea to investigate traders data for that. Binance already loss their reputation for couple of reason. So if binance take such a step like this then traders will not show their interest any more to trade there.

Yeah absolutely true dumping is just a result of investors getting what they have invested on a certain project, I mean it is rge nature of newly introduced market for altcoin which is the  dumping. Well talking about binanc there is so much to argue about but not just its capability for listing new coinw in the market. IEOs im binqnce are still great to have these days since they are a lot profitable than any other IEOs from other exchanges.

Well, thats always been the fate of most projects and if they arent good enough or potential enough then they would really end up
on dumping if its investors wont really support it for long term.They would surely dump and it doesnt matter if its launched on the most
popular exchange like Binance because they dont hold up on how its supporters retain its value.Dump will surely happen yet
as been said that primary motive is to take profits as early as they can so its just normal for them to look up for these projects
and repeat the same process.

[minairia3]

I'm not a fan of Binance Initial Exchange offering (IEO) but this dumping happen to Matic is very hurt specially if you are holding matic well if you take a look the chart history of matic in the past you will noticed a good run for this altcoin, but always remember not all the time the altcoin will stay on the top.

Just because they launched their IEO on Binance do no make them a trustworthy coin or being capable to stand the race in time.
Probably the coin was a 'very good' shitcoin which was designed for this exact purpose. They draw what seems to be a good plan, launch the IEO on Binance, wait for some months then dump it drastically.
Trusting cryptocurrency project these days is hard.

Typical pump and dump schemes. I just can't believe that people still believe in this kind of things. I don't care if Binance is one of the leading exchanges in the world, at this point, all new projects are shit. Look at the price history, it looks so sketchy, getting pumped in a short amount of time. The Matic team probably saw an opportunity to make more money just like what the dev of Ethereum did to his coin.

Ethereum? You mean they did pump and dump their coin? How silly you are for saying eth is same with PnD coin. Are you following the updates on eth network? 2.0 is not bad and still on process of implementation but it would be a great change that could revert back its price. Matic is only a new project, the price dump can't solely be blame on them or exchange. Who buy and sell the tokens? Are they? Its the traders. The blame should be upon on those guys as far as I think of it.

[TastyChillySauce00]

There have been several issues with Matic and I don't think it would be wise to blame binance for it. Binance can't just always carry the tokens to a better price. When the project does some mistakes, it's bound to fall. Most of the IEOs in binance are still in positive ROI and matic is one of the exception.

your thoughts are absolutely right. Matic dump cannot blame binance. ieo in binance is always a big success and investors get high roi when tokens are released to the stock exchange. Matic dump is caused by developers who sell their rights as explained by our friends. let's think positive.

It's to be expected that some investors will blame binance for it because the major reason they invested into this coin is because it's kind of being endorsed by binance at the initial phase of IEO and now facing problem they are desperately seeking for the spacegoat though Binance can't be completely blamed for this problem. It's the developer's self initation that causes this problem.

[Shasha80]

Not all IEO Binance fail like matic. After all, the risk of investing in IEO is very high so if something like this happens we have to ready to face it.
Do not blame Binance completely. In my opinion in this case of matic dump prices which the developer has to blame, because the proof is some
other IEO binance can be successful. We don't need to blame each other related to this case, it is better to make it a lesson so that later on if
you want to invest, use money that we can afford to lose. So if your plan fails, like Matic cases won't be too big of a problem.