I've never seen a big failure project like blockburn this year so far, in 2019 when this project was released it was trading at a whopping 0.93$, and after bounty was over, without sending any token to any bounty hunter the value is now 0.00007$, this will be the first failure project I promoted this year, the use case is something that should work as per my research but the question is, what happened? Exit scam? Or team dumped?
That is the proof that bounty hunters does not always causing the token price to dump.
If the token price already falling before they send the reward to hunters, then something wrong must be happened in blockburn.
You can find out what happened by tracing their eth address, the token movements and find out who sold the token.
The reason the bounty hunter causes the price of tokens to collapse is bullshit. Those are the worst reasons that projects devise to cope with the collapse of prices. The bounty allocation is only a very small amount so it is unlikely that the price will collapse so severely.