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?
Obviously yes, bounty hunters is one of the reason why the market price of a specific coin is decreasing because they are selling a huge amount of coins they earn from the bounty campaign they have joined previously.