It seem that almost all ICOs that get listed on exchanges usually plunge in price soon afterwards. Are bounty hunters responsible or is it as a result of the general bearish market condition?
yes mostly because of bounty hunter that sells their tokens
whether it's from bounty or airdrop
most of them do not care about the ICO project, all they want is BTC
but not always the bounty hunter that causes the price to fall
it could be because of scandal, bad management, PR stunt, roadmap and others