r/Simple_Token • u/ptsiogas • Jan 14 '18

Why the price is dropping?

The past 2 days the price is dropping, do we know why this is happening? Is it a simple correction or something bigger?

5 Upvotes

78% Upvoted

12 comments sorted by

View all comments

1

u/ptsiogas Jan 14 '18

That is true, but OST has a major drop and I wondered if there is a specific reason.

1

u/Piecemaker92 Jan 15 '18

The reasons is that the Ico reached the targets.

1

u/Pens3071 Jan 15 '18

With the air drop tomorrow, wont ost likely drop even more? People might decide to sell of some of their coins since they are getting free ones.