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.
Well on my experience i may say that bounty and airdrops are not the one to blame on altcoins price dumps because the dumping and pumping are mostly done by other, In crypto market the one that holds the most number of such tokens will much have the control on the market price, do you think that in every campaigns bounty hunters and airdrops holds the most number of tokens? How about the investors? Do you think a project will prioritized bounty hunters and airdrops over the investors?