Post
Topic
Board Altcoin Discussion
Re: Confused, Your thoughts is needed
by
puremage111
on 14/12/2019, 04:28:02 UTC
There is a part in bounties i still don't get, bounty allocations are 1% to 10% of total max supply of the project token i wonder how dumping this can drag down its value? or most new projects have ways of dumping behind our back? For example Tokoin bounty leaves me speechless, many hunters sold their tokens but token value don't even move an inch from 0.08, what makes it withstand the dump while others would have crumbled back to 0.001 or more ..

1% of max supply i would say its okayish
10% seems pretty huge tho

Anyhow if the project is huge and hype enough, 1% token wouldn't matters especially when the price is going up
I would say at least 50% of people from bounty won't dump straight away but wait h igher

It really depends on the demand and supply at last