Sometimes, i just smile when i see bounty hunters dump their coins. I have seen situations where after they might have dumped their coins, within within 24-48 hours, it begins to rise again.
Whenever a coin lists and bounty hunters are paid, it is always an opportunity for investors to buy from them cheaply.
Most times, i wait for opportunities like this, despite being a bounty hunter too. I acquire more and hold. Then i sell high later.
There are times bounty hunters a lured by investors into selling cheaply on DEX, before any official listing.
Although, this might not be applicable to all coins, but it happens to most.
Actually the bounty hunters can not hold altcoins too long. I'm a bounty hunter and I've spent more than $ 3k for holding a potential altcoin.
Few altcoin can increase or match the ICO price for a period of time after being listed, most of the current ICO projects are easily excluded from the Crypto market. So I do not have faith anymore.