Sorry, do you think bounty participants can only sell their tokens after reward distribution? You underestimate the bounty participants, not all bounty participants are like that. if the project we support has good potential, of course we will hold it, we are not too stupid to sell it cheaply.
Bounty hunters dumping their ico tokens from the start has been the tradition especially in the bear market. And when this one was rising money, markets weren't yet back to full bull mode. And saying "not all bounty participants" is irrelevant, as most of the time they don't bring buy walls either.
Why do you call it "bounty hunter dumping" ? Do they actually have enough tokens to dump the price? Above, you have said I'm confusing total and current circulating supply. What is % of all circulating tokens do bounty have right now?
What can you about token price being already dumped, before (usually few days before) distribution? This is also a frequent situation. Again bounty hunters are responsible for that?
Why do people blame hunters for dumping? What they do is just selling their rewards aka trading. They are bounty hunters, not bounty hunters-holders. If they know that the project is perspective, they will never sell rewards. But those who does are they one who are short of fiat money, impatient, dont care about project. These kind of hunters usually dont have a lot of tokens/coins to dump the price. These are social media bounty hunters, who got $5-30 worth tokens. Do these kind of hunters able to dump?
Until now they promise "daily unlocked" but none of the locked tokens are unlocked.
They have stated that they start unlocking from March 25th.
Thank you for the information.