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 have no such thoughts. Bounty hunters are not the cause of the decline in the price of coins or tokens, because even if they immediately sell their tokens or coins after getting it, it will not be a big influence. Tokens or coins owned by bounty hunters are few, even only a few percent are allocated to bounty from a project.