Most likely, such a dump of this project happened because in a few days they have to give out rewards for the bounty campaign. Perhaps this is an artificial price reduction
Is it true? as far as i know if the first batch of DIA data will be distributed started from the 18th of this month. It looks like that's not the problem as the bounty token is not yet getting distributed to the bounty participants. When dia has already listed on binance and that has become the main consideration to holders to sell their tokens and go for another project.
Bounty is not yet distributed, and its budget is very low compared to the current volume. So I believe it will never cause the price to crash, btw exactly what you said. Bounty hunter should hold this token in the long term because they are a potential project and will continue to grow in the future.