It use to be the case that after an ICO and when tokens became available on exchanges, the value would go up or hold steady. Those days are gone now. In most instances, the value of the tokens, has significantly decreased in value when tokens became available on exchanges. This reality is here to stay for the following 4 reasons: Once the ICO has ended, marketing stops, interests decreases, demand decreases. Marketing leading up to the ICOs creates interests and demand for the tokens. Price of token at ICO is set by seller. With promises unmet, value and faith in the project diminishes. Development is hard and is almost guaranteed to takes longer than expected. Adoption is required in order for true value to exist. People overlook the need for adoption or over estimate the speed of adoption based on certain signals. Adoption is always over estimated or neglected. This trend will reverse when the following happens: ICOs become fairly priced. Proper and effective governance/accountability is established within these projects.
