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?
I think that is not always true, because if compared with total coin sold during ICO, the coin that is reserved for bounty campain is only a little, about under 5%. So it does not significantly decrease the coin price caused by the bounty hunter.