I come across different posts and allegations that bounty hunters are dumpers and they make projects lose it value upon exchange listing. But from my experience with bounties most projects don't offer bounty allocation of more than 5% of the total token sold. So how will 5% dump have a huge effect on the remaining 95% price. And what about projects that don't have bounties but still dump hard on the exchange, is it bounty hunters too?
The bitter truth is that most projects dump because of the ridiculous number of bonuses the team have offered during the tokensale and pre-sale period. Imagine giving investors 70% bonus for their investments, they can decide to sell everything off and be happy with the 70% profit.
Yes I agree. The failure of a certain project are actually depends on the developers and the product itself. Its true that in some way bounty hunters affects also the success or failure of a particular project, but if you think about it, the bounty allocation is very small relative to the total number of tokens, so it means even if you dump the bounty allocation, the effects are still negligible.