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Author Topic: Dump just after a new listing?  (Read 1466 times)
PIR
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May 22, 2021, 04:52:36 AM
 #161

Many altcoins after the success of ICO decreased the price after listing in exchange, also they give reward to bounty hunter/airdrop. Some of them sell their token for cheap price. Other said some investor manipulate the price so they can buy more token, especially if the token would have good in the future.

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May 22, 2021, 05:23:13 AM
 #162

New coins that are dumped after listing on an exchange are very common and have often happened, this happens due to large bounty payments that cause bounty hunters to sell them immediately, and also early investors who get a big bonus when buying the presale coin, of course some investors will immediately sell it when the coin is listed
It should also be noted that each bounty allocation will not be the same as the allocation of investors and teams, and in general the bounty allocation is always smaller than other allocations, so it makes little sense that the disposal that occurs in the market is due to bounty participants, because they only get a few tokens when the bounty is over, in contrast to investors who are able to buy very large amounts of tokens.

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May 22, 2021, 06:40:27 AM
 #163

The general case is the price is pump when the news of listing at a good exchange being launch, and then will fall, due to good news for pulling also have a limit. PLZ remembering a token added by a exchange not means it will up definitely. If you are beliveving it, then just hold it, if not, then sell it at a price that you can accept.

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May 22, 2021, 06:48:07 AM
 #164

You can see the development of tokens for 3 months to the first 1 year. If there is a hard drop at the beginning of the list, then that's natural, because I think investors, aidrops, and bounty hunters sell the coin, causing the price to drop dramatically. however, after a few months, the price will start to recover if the development continues, because the people who sold in the beginning sometimes needed money, or simply didn't care about the project. from what I can see, currently the price of AME is also decreasing following the decline that occurred in the price of bitcoin.

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May 22, 2021, 07:43:18 AM
 #165

AME runs their bounties months ago with very generous payment rates for bounty hunters. They are sort of people who want quick money and don't want to wait too long. They almost don't have any belief in projects they are promoting for. Big dumps from bounty hunters sure.

Also, for the time being the cryptocurrency market is going through a bear period, nothing can hold prices down for most cryptocurrencies.
We see Bitcoin and other top altcoins experiencing the same thing, so AME also seems to be affected by this bad news.

There is nothing wrong with AME or its new exchanger, but this bloody market condition can be a reference for all of us that right now it is highly recommended to wait for the right moment to buy altcoins and bitcoins at the lowest prices.

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