When bounty hunters and airdrop members sell their tokens it becomes a problem for many projects and the price of the tokens fall.
Bounty hunters generally get about 1 percent of tokens. How can such a number of tokens have a negative impact on the price?
Elementary.
If the bidding started before the demand for the asset appeared, even 0.1% can dump the price. There are no buyers on the exchange. No one wants to buy out this seemingly insignificant offer.
Therefore, many projects do not hurry to listing.
So say a lot of projects. But I think they just know that their asset is not interesting to the exchanges.