RE: Crypto Academy Contest / S5W5 - Initial Coin Offering in the Crypto Ecosystem by @beckie96830

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Crypto Academy Contest / S5W5 - Initial Coin Offering in the Crypto Ecosystem by @beckie96830

in hive-108451 •  2 years ago 

Hey friend,

Since the value and pricing of a project's token in an open market correlate with the value of the project, a failed project will always result in the devaluation of its native token,

Yea you are really smart friend, I love how you really composed and nicely wrote the post. Whenever a token fails or turns out to be a scam the project value and price tends to fall because the become a high sell pressure and the coins lose investors who had large amount of asset in stalk

Thank you very much for sharing, please you can check my own entry here

wishing you success

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