Just a curious question. What is the possible effect (good or bad) of bounties/bounty hunters in the crypto market as a whole? Are they part of the market volatility? or it has nothing to do with it? Are they contributing factor of the market trend and performance?
I don't think there will be any effect from the bounty / bounty hunter on the crypto market as a whole because bounty participants only receive a very small amount of payments and the amount of allocation for the bounty is not too much, so even though bounty participants dump simultaneously in the market, the effect will be minimal and will not last too long.
I can tell you that more than once I have witnessed a situation in the market when after handing out coins to hunters for a reward, they immediately sold them, thus collapsing the price of the token handed out!
The collapse of the token price when the bounty reward has been distributed is not solely by the bounty participant, because not only the bounty participants have the same token, but the team and investors also have it so they can also make an instant dump price with a very large number of tokens.