Many people do not understand offer and demand, how it really works.
If all bounty hunters would like to sell all their tokens (2% of total supply) it is a huge selling pressure. If there are not enough buyers, price is going down until encounters buy orders. And as you can guess, noone wants to buy ICO coins just after the ICO sale because those who wanted buy, they already bought.
Your point of view?
If all bounty hunters would like to sell all their tokens (2% of total supply) it is a huge selling pressure. If there are not enough buyers, price is going down until encounters buy orders. And as you can guess, noone wants to buy ICO coins just after the ICO sale because those who wanted buy, they already bought.
Your point of view?
Obviously price reductions will occur and this is inevitable. Bounty hunters join the project in hopes of obtaining tokens. Once you get the token, it's normal to sell the coins. Many projects have been dumps, so this bounty hunter's mind wants to directly sell the coins before the coin price falls deeper.
However, each project certainly has its potential and has a team, developer. They have to work hard to improve the quality of their projects.