Post
Topic
Board Altcoin Discussion
Re: Bounty or Airdrop kill project?
by
Burogh
on 03/08/2020, 11:26:20 UTC
I dont know what you think guys but i think airdrop and bounty kill the project let say after the project finish the ico all the bounty and airdrop hnter sell their coin/token , this make te price go low.Since all of bounty and airdrp hunter did not care about the project.

In my opinion, this assumption is incorrect. Bounty allocation is quite small compared to total supply and usually ranges from 1-3% of total supply. With such a small allocation, I think that if the project is good, it will not affect the price drastically because not all bounty hunters sell their tokens and many people prefer to hold them.