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?
Bounty hunters only contribute a small portion in price deep. Remember that normal % of bounty tokens are usually 2-3%. Majority of the dump are came from investors and not all bounty hunters are dumping their bounty. Like me I usually wait for a year or more before I sell it to have a better chance of more profit.