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 to the price dip. Remember that normally the percentage of bounty tokens allocated are usually between 2-3% (or even lesser) of the total supply. Majority of the dumps happening come from investors, especially if large bonuses were given during the presale and not locked for a period of time, then expect to see more dumping after the tokens hit exchanges, we shouldnt put blame on bounty hunters, cause not even all dump immediately. Like me I usually wait for a year or more before I sell it to have a better chance of more profit, and dumping from a few bounty hunters doesnt usually affect the price that much.