I have witnessed almost 5 consecutive ICOs that is a hyped ICOs and also sponsored a bounty campaign with big rewards goes way below ICO price. The ICO have a lot of potentials to have a high price. But when the time comes when the ICO concluded and when the time comes when it hit on the first exchange the price really dips hard. Is bounty hunters one of the cause of the price dip?
In my opinion, bounty hunters are not the cause of the token price of the ICO token or coin. Coin or token owners are many who can do it, while most bounty hunters have some just because the allocation for bounty percentage is only a little.