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?
There are many factors to that condition while the big percentage of it is with the market. If you notice compare to the previous year by december whereas the ico coins pumps after listing is because of the bullish trend of bitcoins the market was so healthy. Bounty hunters can take advantage and earn more money on that point but when we get into this bearish its almost a lost and below ico prices.