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 ..
in my opinion the price depend on the demand of the coin
if the coin have a potential or purpose many people will try to invest in it that will give it a large buy support
it is true that market demand can move prices purely, we need to assess the projects that are being followed because otherwise we will experience prices that are not in accordance with initial speculation. and this is common in new projects growing in the market