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
Don't blame the bounty hunters, take a closer look at the transaction volume and the number of tokens the project paid for the bounty hunters. The total pool paid by the bounty campaign is 100k DIA but the transaction volume in Binance is $ 1m5. Obviously we haven't included it at other exchanges, so it's all the bounty hunters' fault?They have a lot of investors and the majority of them took profits by selling off tokens. It is normal to drop drastically after a period of growth. So don't blame anyone, it's the nature of the financial markets.
Agree to that or it could also possible that those bagholders just happened to ride with the hunters and sell out bagging decent profits most likely they'll going to reinvest after dip.
There's no one to be blamed as we are inside this business, you need to make a good balance both of your time and money, rise and fall will take place always have a good manageable plan.
Timing is always important 😉 be alert with how the market behaves.