Binance’s IEOs keep Dumping, but why?

[mamahdedeh]

Binance only think with their payment fees with many listing IEOs coin without care how price later of coin listing with their exchange market, lower or dump is not their business and keep get profit with payment from listing, several time with IEOs coin listed on Binance have lower price and I still remember what happen with IEOs Matic and Perlin Coin listing on binance.

besides that there is no selection from binance and many projects feel that listing on binance can increase their trust in investors, with the large listing fee they get a lot of investors, with a profitable calculation they run away with a dump, with so many events as if adding to the bad image of IEO globally

[1715015852]

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[nicecrypto]

Binance only think with their payment fees with many listing IEOs coin without care how price later of coin listing with their exchange market, lower or dump is not their business and keep get profit with payment from listing, several time with IEOs coin listed on Binance have lower price and I still remember what happen with IEOs Matic and Perlin Coin listing on binance.

besides that there is no selection from binance and many projects feel that listing on binance can increase their trust in investors, with the large listing fee they get a lot of investors, with a profitable calculation they run away with a dump, with so many events as if adding to the bad image of IEO globally

In this case, both binance and the project are somehow guilty because each one of them are more concerned about listing fees and the temporary price pump which the project will get during the first few days of listing,  between don't forget that investors always want to see a listing on binance, almost everyone believes that binance is the miracle most project need to survive in the crypto market,  can't blame them.

[Baimovic]

Binance only think with their payment fees with many listing IEOs coin without care how price later of coin listing with their exchange market, lower or dump is not their business and keep get profit with payment from listing, several time with IEOs coin listed on Binance have lower price and I still remember what happen with IEOs Matic and Perlin Coin listing on binance.

besides that there is no selection from binance and many projects feel that listing on binance can increase their trust in investors, with the large listing fee they get a lot of investors, with a profitable calculation they run away with a dump, with so many events as if adding to the bad image of IEO globally

In this case, both binance and the project are somehow guilty because each one of them are more concerned about listing fees and the temporary price pump which the project will get during the first few days of listing,  between don't forget that investors always want to see a listing on binance, almost everyone believes that binance is the miracle most project need to survive in the crypto market,  can't blame them.

of course binance will not do that without logical reasons. as is the case with MATIC coins you can see it and can be used as an example that not all coins that do IEO in binance are good, of course there are downside too. it's important for anyone to always be careful and not rely on platforms or projects that offer sky-high prizes.

[Ezravdb]

of course binance will not do that without logical reasons. as is the case with MATIC coins you can see it and can be used as an example that not all coins that do IEO in binance are good, of course there are downside too. it's important for anyone to always be careful and not rely on platforms or projects that offer sky-high prizes.

all need money.  Reputation is at stake. From this context it cannot blamed the exchange when the token price is dumped. the exchange has no regulations to keep prices, all back on the project developers to improve what they have done so that the Matic price is down almost 80%> \.

[tiptopgemdotcom]

Something is wrong with IEOs and the Binance IEOs are no exception here. The bear market is showing its cold side and strong projects fail to deliver the real products for the mentioned reason.

[alan2here]

of course binance will not do that without logical reasons. as is the case with MATIC coins you can see it and can be used as an example that not all coins that do IEO in binance are good, of course there are downside too. it's important for anyone to always be careful and not rely on platforms or projects that offer sky-high prizes.

all need money.  Reputation is at stake. From this context it cannot blamed the exchange when the token price is dumped. the exchange has no regulations to keep prices, all back on the project developers to improve what they have done so that the Matic price is down almost 80%> \.

Every IEO at Binance is profitable for investors but if you are the following investor, the chances of making a profit will be very low because this exchange often tends to sell more when an IEO project ends. I personally am very fortunate to participate in more than 5 IEO projects here and have made a huge profit so for me Binance is the number one choice at this time.

However, what Binance needs is stability because if that coin drops to the IEO then it is the worst for all investors involved.

[killerfrost]

of course binance will not do that without logical reasons. as is the case with MATIC coins you can see it and can be used as an example that not all coins that do IEO in binance are good, of course there are downside too. it's important for anyone to always be careful and not rely on platforms or projects that offer sky-high prizes.

all need money.  Reputation is at stake. From this context it cannot blamed the exchange when the token price is dumped. the exchange has no regulations to keep prices, all back on the project developers to improve what they have done so that the Matic price is down almost 80%> \.

Every IEO at Binance is profitable for investors but if you are the following investor, the chances of making a profit will be very low because this exchange often tends to sell more when an IEO project ends. I personally am very fortunate to participate in more than 5 IEO projects here and have made a huge profit so for me Binance is the number one choice at this time.

However, what Binance needs is stability because if that coin drops to the IEO then it is the worst for all investors involved.

You are truly a lucky person, I have also tried to join IEO in binance since they first launched IEO, but as a result I have never become one of those lucky ones.
To be honest, no one has invested in IEO projects after it is listed at the exchange because the price is usually pumped 3-5 times higher than the IEO price, too dangerous to be able to invest. . So after being listed at the exchange prices will tend to dump, along with the strong bear market, the dumping of tokens is inevitable

[cutesgirl]

Have the end of investing with IEOs although with Binance exchange market, I think we need stop for investing with IEO until bitcoin and altcoin back with higher price, many developer try to get chance for investors where they sell coin during IEO with higher price but when listing on Binance always price dump and very cheap than IEO price.

[miningguru]

Something is wrong with IEOs and the Binance IEOs are no exception here. The bear market is showing its cold side and strong projects fail to deliver the real products for the mentioned reason.

Agree, even potential project is failing to deliver their products on time and it will not help them to increase their prices. Even the market situation is unpredictable and many coins are failing to secure their value in the current situation. IEO's are failing to survive their prices, this makes many people selling their coins for low prices.

[TastyChillySauce00]

Something is wrong with IEOs and the Binance IEOs are no exception here. The bear market is showing its cold side and strong projects fail to deliver the real products for the mentioned reason.

Agree, even potential project is failing to deliver their products on time and it will not help them to increase their prices. Even the market situation is unpredictable and many coins are failing to secure their value in the current situation. IEO's are failing to survive their prices, this makes many people selling their coins for low prices.

It's often despite delivering product they are still failing. It's just the matter of whether a project is deemed useful in the eyes of people or not. Same situation with many startups nowadays, good idea but just solving the problems that are nonexistent to begin with. Also to note, price of alts heavily relies of Bitcoin and it seems that bitcoin dominance is still increasing therefore don't expect too much from a project that barely significant to the market.

[Sithara007]

Both the promoters and the investors need to understand that a particular project will not become successful just because it get listed in a big exchange such as Huobi or Binance. The promoters needs to prove that this particular project can be useful for its intended purposes and the development timeline is honored. The market dynamics have changed from 2017-18. Now the investors are more careful with the projects they chose. No one wants to pour their money in to some black hole.

[pawanjain]

There can be many reasons why a particular project didn't raise enough funds or why a particular coin got dumped in price.
A coin mostly get dumped because of lack of interest in the project. The investors and bag holders are ready to dump the coin as soon as it is launched in this case.
This is the most common reason why certain coins gets dumped immediately after it is launched.

[Raflesia]

Both the promoters and the investors need to understand that a particular project will not become successful just because it get listed in a big exchange such as Huobi or Binance. The promoters needs to prove that this particular project can be useful for its intended purposes and the development timeline is honored. The market dynamics have changed from 2017-18. Now the investors are more careful with the projects they chose. No one wants to pour their money in to some black hole.

So the promoters now only need to prove the products they are running right, sometimes the products that are run do not match what is in the concept road map going forward without order so that it does not work well.
But if I only rely on IEO in large exchanges, it's only a short time to get a profit after that is not what I expected in the future, which is clear in my opinion IEO is fortunate for me at Binance.

[No One]

The misconception among those involving in cryptocurrency is like any IEO can be successful if it is launched on any noted exchange. So the case you have mentioned here is directly related to this misconception. And this case has shed truth. The fact is that only a project with innovative technique, promise delivery, good and strong team, commitments can get a success.

[103deltafox]

Honestly speaking, I'm really not a fan of initial exchange offering  but it became the trend, and for Binance, it has done well and though most times accompanied by dump, I really don't think the dump of matic is as a result of binance fault moreover most altcoins are presently at their bottom.

[oktana]

finally returning to the same box where the market determines everything.

Developers are not as strong as before in determining long-term plans, several times Matic and One are involved in short PnD, developers also seem to want personal benefits, and they restart prices from the bottom with a little manipulation. fortunately they did not experience delisting due to the influence of large volume exchanges. but actually they are not much different from other new altcoins.

[cotton ball]

Finally almost all IEO coin list with binence become hype project because have been scam with lower price after coin active and available for trading, not have chance to get much profit with investing in IEO Binance because binance owner not care about which one serious coin for IEO listing, just keep care about how much payment fees received from IEO coin listed.

[spadormie]

For a long term answer, it's because all coins that undergo IEO in binance are also altcoins . They possessed what alts should be. Like it could experience dump and pumps.

For a short term answer, since it's an IEO from binance, it would take a lot of pump as binance makes a pretty good platform for a lot of coins because of its popularity.

[johnwest]

What is the purpose of Matic..? These IEO coins are no different than any ICO coins. People need to understand that Biance doesnt endorse these coins or projects. They are just platform to give them investments. Sooner or later this was going to happen but the dump is higher than we expected.

[Karto]

yea this drop was a scary dump.. Binance is very strange with its IEO's
IEO is just like ICO just have a 3rd party that wants its cut too
this dump is something that keeps reminding me not to buy after a coin does x2 x3
just like XTZ and LINK did in this year, i think that its going to fall hard soon