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Author Topic: Why New Crypto Projects are Dump ?  (Read 613 times)
jademaxsuy
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November 02, 2020, 11:45:11 PM
 #81

It is a normal scenario for those who had been here in the forum especially in the ICO period where almost all of the projects are scam. Nowadays, as defi was being hype some projects became successful. The good thing was some bounty hunters had earn to it. However, there are still more defi projects being run that are also scam. The scam never really get tired making money in a much more easy way so expect more project will be coming like this in the future after defi project losing confidence from the investors.
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November 03, 2020, 11:38:30 AM
 #82

Well, not all new crypto projects are dump, it depends on the projects and on the market sometimes how will it goes. Sometimes on the listing, it will dump as the participants of the airdrop will be going to dump their tokens right away. And it's very normal that on the first listing the pump and dump will happen.
Airdrop participants do not get a large number of tokens for each individual, so the effect will not be large even if they throw away tokens simultaneously, because tokens born from mature projects will always bounce back after the disposal occurs.
Agreed but sometimes that is one factor why the price of tokens for a new project gets a dump. I didn't say it is the main reason, it will still depend on how the project is good, the tokenomics of the project, the development, and will also depends on the market of cryptocurrency. Because even how much good the project is if the market has fallen so hard it will not help also.
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November 03, 2020, 12:28:42 PM
 #83

It is a normal scenario for those who had been here in the forum especially in the ICO period where almost all of the projects are scam. Nowadays, as defi was being hype some projects became successful. The good thing was some bounty hunters had earn to it. However, there are still more defi projects being run that are also scam. The scam never really get tired making money in a much more easy way so expect more project will be coming like this in the future after defi project losing confidence from the investors.
Good point, many shit projects comes up because they think that they can take advantage of the "defi" decentralized system. make a random project with a plan to get profit easily. Actually we can still do filters or atleast precautions, but because of the hype and the current trend which is quite crazy (almost the same as ICO 2017), it turns out that there are still many people who are trapped

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November 03, 2020, 01:01:22 PM
 #84

I think this happened during the crypto market not just a while ago. because most of the projects are not needed or the projects they develop are not real so the project will disappear / fail in the near future. and good projects will survive.
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November 03, 2020, 01:25:30 PM
 #85

Barely any quality ventures appeared over the most recent few years. What's more, in the event that you investigate late undertakings, a large portion of them took DeFi publicity's preferences, siphoned subsequent to posting and afterward unloaded to damnation. No solid arrangement and didn't fulfill the guidelines to make their task hang out in this industry. As we as a whole realize numerous activities exist and they should be serious in crypto industry.
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November 03, 2020, 01:41:35 PM
 #86

You have to know that in the Crypto industry has a large potential for money if you are not careful about choosing a project that can keep prices so that the more stable price has a high enough rate for now there are rare projects that have a really good future for the Can survive almost some new projects end scam.


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November 03, 2020, 03:01:17 PM
 #87

Creating a token for a project is like crowdfunding for these companies and small tech businesses who want to get funds for their projects using cryptocurrency. It all boils down to a good marketing campaign and good presence on many bitcoin platforms and social media. I would stress the importance of a great marketing campaign because without it, no one will learn about the project and no one will be able to invest. So far, there were good projects and there are also bad projects. Many are scams but that is part of being an investor, without sufficient information real time, then you will have difficulty deciding which ones to invest.

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November 03, 2020, 04:39:42 PM
 #88

hello dear friend hope you all are fine .
today i just talking with myself about new project of crypto , at launching their projects they promise big and big
but after months or even some projects in a days go down and did not comes up ...
why this happens ?
share your thoughts .
They are several reasons why new crypto projects no longer succeed, some of these reasons could be because the team don't have any marketing strategies, other times it's a team made of bunch of newbies who doesn't have much knowledge about how to run a project, such project is bound to fail, some projects don't have the full backing of their investors, so immediately the coin is listed the investors dump the coins in other to make profits out of their investment.

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November 03, 2020, 08:15:49 PM
 #89

It's very normal cause even 90% of living projects out there are garbage. Very few quality projects showed up in the last couple of years. And if you look into recent projects, most of them took DeFi hype's advantages, pumped after listing and then dumped to hell. That's how this market works. Put your money on BTC and you will have less concern.

Unfortunately, even the most-trusted altcoins are doing not well now. The crypto market picture looks a bit strange this autumn. If Bitcoin is mainly climbing up, other coins (with a few exceptions) are rolling lower and lower. I cannot find the reason for it.
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November 03, 2020, 08:18:11 PM
 #90

hello dear friend hope you all are fine .
today i just talking with myself about new project of crypto , at launching their projects they promise big and big
but after months or even some projects in a days go down and did not comes up ...
why this happens ?
share your thoughts .
There are several factors that can cause the dumps.
Overall market situation.
No demand or buyers for the token.
Low volume and liquidity.
Listed at low quality exchanges.
No marketing or awareness about project.
No live product or service.
Team has no idea or strategy to stabilize price like buy back or burning of tokens etc.

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November 04, 2020, 01:46:07 AM
 #91

They promise it all just to attract investors, in fact all the promises are lies and maybe only 5% of the projects actually keep their promises. For that at this time it is very difficult to determine which projects really want to develop
Remember also the promises can be changed by the team anytime. We have seen a bunch of crap projects that change their roadmap and these projects are full with uncertainty.
People were leaving from crap coins to get another legit coins. This will never end as the people were always being so greedy to get more and more money.

As long as the project has backed by the VC or legit parties and it can be considered as legit project. that's the point.

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November 04, 2020, 05:42:47 AM
 #92

I think one main reason why crypto projects are going to dump after a certain period of time is because of the fact the developer of the project are not totally equip or they are just newbies in crypto industries that makes their project weak. Also mostly of the new crypto projects are having this pump and dump scheme which is just for the sake of getting funds from the investors and then after some time runaway that makes the token valueless
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November 04, 2020, 05:48:29 AM
 #93

Not all new projects are dumping but you are correct because majority of new projects dumps at one point and never recovers, the problem is many new devs aren't that good, they are newbies with very low experience about crypto, they want to make quick money like investors too


Some developers introduced copied projects with crap use cases that aren't attractive for investors and some have good use case but instead they go for small exchanges to raise funds and in the end the coin will be plague with low volumes and no enough liquidity

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November 04, 2020, 06:09:46 AM
 #94

1. Repeating same old use cases
2. Bad exchanges listing
3. The team are scammers, they intentionally sold off some coins
4. Team aren't professionals in crypto and blockchain field
5. Lack of enough fund raised through IEO and the project team can't continue development

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November 04, 2020, 06:31:30 AM
 #95

1. Repeating same old use cases
2. Bad exchanges listing
3. The team are scammers, they intentionally sold off some coins
4. Team aren't professionals in crypto and blockchain field
5. Lack of enough fund raised through IEO and the project team can't continue development

What you have predicted is always right and it is impossible to predict how the development will help to progress and based on that the value of the coin will increase. Most of the coins listing on the secondary exchange are losing their value in the market due to because they are leaving the project once after raising funds.

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November 04, 2020, 08:00:52 AM
 #96

This happens over and over again, new crypto projects has real no usage to the investors. When the project is new their is hype occur but when hype is over we may observe price suddenly dump. Those who are in crypto industry for long it just normal to see that way. This is why we must be cautious prior to invest in a certain project.
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November 04, 2020, 02:48:30 PM
 #97

Maybe they were not reaching their target softcap ? Planning is usually can be actualized from the result of the sale.
For example, if they raised enough funds, they would list their token on top exchanges, or they would developing the product quickly, etc.
Many projects failed because they didn't get enough funds from their token sales.

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November 04, 2020, 03:35:48 PM
 #98

This happens over and over again, new crypto projects has real no usage to the investors. When the project is new their is hype occur but when hype is over we may observe price suddenly dump. Those who are in crypto industry for long it just normal to see that way. This is why we must be cautious prior to invest in a certain project.
now I really agree with what you say because in fact the conditions of cryptocurrency price movements depend on bitcoin price movements, so when the conditions for the exchange are good it will have an impact on all existing projects, but it will be a different story when the project is a scam and its founder leaves the project then it is certain that the price will immediately dump because many investors are disappointed.

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November 04, 2020, 03:59:45 PM
 #99

because not all of the projects that are made are all successful, sometimes investors want to quickly return their capital in the hope of producing a very large amount, and do not think that in the future the project will be good or dead, they only think about profits. and there are even projects that only raise funds from investors, they run away with the investors' money, and that makes the coins they make become trash.

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November 04, 2020, 04:06:44 PM
 #100

I believe that new cryptoprojects constantly copy each other and new ideas just stopped appearing! Therefore, the value of such projects is not great on the market... Plus there is a factor of speculation and manipulation... From here the price is constantly falling...

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