I agree. Bounty distribution is ongoing and that certainly must have put some downward pressure on the price of Veil lately. I would expect that to reverse itself once the distribution is finished. Now would be a good time to buy though.
Bounty has been quite effective based upon analytics, but the recent Zerocoin vulnerability news did have an impact on price. The bounty funds are being released gradually to minimize the impact it can have on price, and we limit how much a bounty hunter can earn to between ~500-1,000 Veil per bounty hunter a month.
The team's priority is finding the best privacy protocol replacement for Zerocoin, and although it will take months of additional development time, I believe moving away from Zerocoin to a new protocol will be for the project's long-term benefit even if the specific Zerocoin vulnerability did not exist.
Will dandelion will be the new the algorithm that the Veil will work on? Or it's an entirely a different thing?
Dandelion protocol provides IP anonymity and works in conjunction with a blockchain-level privacy protocol. Dandelion for Veil has been coded and is in testing phase.