ICO (Initial coin offers) from last few weeks are continued and alot of new coins are now in coin market and a huge investment are made by a huge number of crypto currencies lovers but i daily watch the 99% new currencies which are now in coin markets after ICO are totally in decreasing trend and during first day of currency in market specially which is added in big exchanges like BITRREX have gotten some initial revenue for their investors but mostly are in decline.
I think the major reason is BITCOIN 01 August event but one an other reason is also the main fault or main draw back for these currencies as the major currencies initial price was so high and in market as there are no kids all have experience don't want to but these high price coins and due to demand and supply major difference the price go down and the coins which supply is less the demand those coins are performing better and others are struggling to get some value after 01 August 2017.
Below i have shared some major coins charts there you can clearly watch the price value in start and in end and i think the coming ICO which will go live after August will do some better and will get good value like BOSCOIN etc.
Qtum (QTUM)
SkinCoin
DECENT Chart
Polybius Chart
Bancor Chart
Source:https://coinmarketcap.com
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sure
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There are a lot of quality projects with solid dev teams that have hit the market these last few months. With the markets being uncertain now due to the bitcoin issue it is probably a good time to continue to research projects and begin to accumulate tokens in the downtrend.
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nice tips.
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Congratulations! This post has been upvoted from the communal account, @minnowsupport, by shaheer001 from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, and someguy123. The goal is to help Steemit grow by supporting Minnows and creating a social network. Please find us in the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.
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This post has received a 1.25 % upvote from @booster thanks to: @shaheer001.
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Thanks alot.
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