ICO Pre-sale or pre-ICO, also known as Pre-ICO, is a token sale conducted before an ICO is available for public participation.
Pre-ICO fundraising goals are usually lower than those of the main ICO, and the tokens usually sell for cheaper.
One drawback of ICO pre-sales is that early investors or adopters tend to dump the tokens as soon as they are traded on exchanges. They often sell tokens at the ICO price because they obtain the tokens at a lower price than the main ICO price, which allows them to make huge profits while negatively impacting the price for ICO participants.
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