Why does it taken so long for price of coins to reach $1? - Page 7 - Crypto World - CryptoTalk.Org Jump to content
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Why does it taken so long for price of coins to reach $1?

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It happens many times that an ICO is sold at a price and when it is listed in an exchange it drops a lot in price and sometimes those ICOs also carry out airdrops and distribute large amounts, so when it is listed in the exchange the people who win in these airdrops sell and that's why the price goes down

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This can be caused by price manipulation which is mostly affect due to the unity of it's users in the exchange market, if they decided all to sell it in a certain amount then it's value will be less than that, also in case of supply and demand of coins can also affect it's value either to drop or to pump.

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The price of the coin may be listed as a dollar when it enters the market, but the market price will ultimately be determined by the demand and supply of the coin and as that changes so will the price. therefore you often see that when i a new coin is added the price starts of very high, but doesn't actually sell for that price. It is more like a benchmark to get things going and then the true price will be dependent on the subsequent trade that takes place after that. I noticed this when the DICE token was released in yobit as well. 

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The price is established by the market, if it is not an interesting project or with a real use case, its price will always tend to fall. In addition, the total supply must also be taken into account, if there are too many tokens in circulation it is also difficult for their price to increase much.

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Situation depends on many different factors. For example total and circulating supply, apartments of the project. Exchange where token is listed and community interest regarding this project. Unfortunately for now many projects have problems with some of these sides


 

 

 

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I think that from the initial offer of the coin, the value or price can be $ 1 or $ 100, however there are several factors that place the real value at the beginning of its distribution. These factors are as we already know: supply and demand and the volume traded. In addition to that, the project that supports the coin, the marketing plan and the technical issues will influence. Therefore, when a coin is born, it is difficult to predict at what level of value it will hold.

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It is very difficult to any coin to improve it's price because if any coin is at 0.1 and go to 1 so it's mean it improve it's price 500% which looks very difficult to any coin. While if any coin go 1 to 1.5 ,it's mean it go up just 50%.

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I think one of the reasons is that the teams behind the project may not have done enough work in the areas of creating awareness on the said coin. Maybe, the only investors for years are only the ones who bought during the ICO or IEO. Also, some projects don't even have a good roadmap and wise investors don't invest in such project.

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I don't know exactly what you are asking here, maybe you could give an example of these cryptocurrencies that they claimed the price will be stable at $1 and when they entered the exchnage they are going lower than that. Maybe you didn't understand correctly and these were not stable coins?

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You seem to think that the price is what that matters. Do you know what money is and how price works? What is 1 dollar to you and which cryptocurrency are you talking about? You are confused and have conflicting thoughts and this is a result of financial iliteracy. Before going to the advanced you have to finish the basic training.

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Some coins have no marketing and they remain uknown. Other coins they make a small budget and give it to a bounty but the problem can be that they only pay the bounty manager and not the users. All this and some bounty managers that were dominating have created a mess. There are some good projects that I've noticed they have a good manager promoting them and they even made it to Binance. This was Dia and Cartesi promoted by a great bounty manager. Not the price to reach higher the coin needs not much to do if it is already in Binance. They only need to build. Binance supports projects that produce and develop.

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I think a lot of ICO launches are at a very high risk for us. Because sometimes the projects are not good at all, and they promise you that the launch price is 1 dollar. But at the moment of launching it, it will fall to be worth less than 1 cent. We have to be very careful where we put our money, since investments are very risky, not only in the field of cryptocurrencies, but in all investments. This year it is becoming fashionable to invest in ICOS, hoping that at its launch it will rise 1000% and have many profits instantly, and that very rarely happens.

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To begin with, the coins are speculative, in this case at the moment of going to the market they sell in a disproportionate way and even close the market so that the holders of more coins can sell them at the best prices, with the argument that many people entered the market. exchange, I have seen that happen in some exchanges

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Very clueless and uninformative question you make assumptions of something you don't understand and fall in logical fallacies. There are some really good posts in this forum and then I find this. I'm speechless.

Edited by percare

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On 12/13/2019 at 11:03 AM, Naga said:

that's mostly because you invested in scam ico  because ico price is always supposed to be lower so you can make money as an early investor when its listed it should be at least 2x your investment because you put your trust into this ico but nowadays ico are just scams

Yes investing without knowing about any project is not a wise option and if you want to buy ,buy it later but if the project fails then your investment dont have any chance to recover so be wise in this full of scammers world .

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On 3/31/2020 at 12:33 AM, IamLeader12 said:

this is because after the price falls, people stop believing in this coin and do not buy it, even if it is good, so some coins grow back to the price of 1-2 dollars for years.

yes there are so many project that come and go down actually it depends on traders that invest their money in any currency and when they see the price goes down they dont invest in it and therefore the price continuously goes to down and al least coin is dead .

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At some point ICO were only failed projects and scams. The last successful one was EOS and maybe a few more but most failed and reached the exchange and dumped. This was the end of ICO and I hope we won't see these again.

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All depends on project's strategy, backup funds and many more. Some coins already have $1 as the starting price and I do not know which coin are you talking about in your topic?

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It is clear that what happened in the ICO is a fraud or a trap in which investors were deceived through the initial sale, where the price of the cryptocurrency is displayed at a value of $ 1 and then its price is reduced in the stock market, so waiting is the solution in this type of investment

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On 10/16/2020 at 1:15 AM, Matias Conforti said:

I think that in ICOs they generally tell you a value that is later not met, they inflate the price to be more attractive to investments

Ico is basically  the rate on which the coin or token creator sells the currency so that they can earn the miney and later on the price is increased to give profits to the investors. 

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Cryptocurrency projects like ICOs have coins that cost under $ 1 because new cryptos are very difficult to develop. There are many investors who are afraid to buy new crypto because they experience a loss, they think new crypto can hurt them. Distrust of new cryptos is still high due to the large number of failed cryptos and scams.

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These are bad investments this is why these cryptocurrencies behave like that when they enter an exchange. These coins are not good and probably listed in a bad exchange. I advice you to look for Yobit and the ICO there are the best from what I am reading but you need to own some YO tokens to be part of the presales.

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Some coins would grow to that price of one USD within a day of release, so it is entirely depends on investments and the supply of that particular coin, which should be small for the coin to raise faster.

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