Irresponsible developers or we can also call them scammers, after being listed if the team behind is just after for money the results will be like this, no wonder, value of coins will be dumped and will no longer bouncing back, due to the reason the team itself will sell out the tokens along with those early
investors and bounty hunters.
Don't forget the irresponsible investors and bounty hunters who looked to dump every single token the minute it got listed. Private investors who got the best discounts, bounty scammers who got huge allocations for nothing, where do you think the money comes from? Then you are left with all the small investors and actual supporters who are left holding bags of shitcoins.