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This is the case that I found today on bw.com (https://www.bw.com/newTrade/spotTradding/spyce_usdt) exchange, but in this case I also do not fully blame the bounty participants, because I myself also included as a participant in the Spyce campaign, but what I wonder why is that when the distribution is finished the price drops right away ? and things like this don't only happen to Spyce tokens, but some other tokens also experience almost the same thing, does anyone know what the main cause is ?

What do you mean by when the distribution was finished the price drop right away? Bounty hunters start dumping once the distribution started, some were able to dump at 0.007$ that I know of but Spyce isn't that bad, I sure the token will recover later, moreover the bounty allocation wasn't huge

I have already said that I do not intend to blame bounty participants on this matter, and you should also know that when the Spyce token is priced at $ 0.007, the distribution has not been done by the team to the bounty manager.

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The bounty allocation is indeed not large, but the total supply of this token is 200,000,000.00 SPYCE, so what percentage are you sure that the price of this token will recover ?


Source: https://ethplorer.io/address/0x2b0ef43e0111c8acaeaa26d93fa77048ef2a2cbf

I think it's commonplace after token distribution. If we say that there are some participants who throw away tokens. Participants also don't have many tokens to make a dump price. I think there are larger token holders so this can happen. Yes, we hope that the developers do not leave their tokens after distribution.

Maybe some traders and investors know that distribution will be done so they sell the truth. I also don't know the cause of this happening. There may be dumps that we don't know about, I think this often happens in almost projects that will be distributed,

Not surprisingly, this situation is very common in new project, especially for bounty hunter. Altcoin from a new project has the potential for dump price reduction when trading open because there are many seller compared to buyer. The more people sell their token, the faster the price will be dump away. High market demand for token will increase price, and if the high number of sale of tokens on the market compared to demand, price will dump and that is market law.

In my opinion there is nothing to blame, because the real price of the project token is when the trade start. If you believe the price will increase, then hold the token and if not then please sell all your token at the current price. As alway, this is a complaint from a bounty hunter and you must accept the truth.

Easy, this means that there are many sell orders on exchange than buy orders, this is very common with new projects and SPYCE don't have big Liquidity, the best exchange for this project is BW, the other exchange called Probit isn't that good

I did few research on Spyce project weeks ago, I believe if the token get listed on more exchanges the price will surge, the token use case makes sense enough and the team are very active, if you got your bounty tokens already do not dump all

I always suggest hunters not to rush but sadly most of hunters still rush to sell as soon as they receive the reward tokens they do not even care about the price which is really unbelievable, if the project is of good quality there is no point selling for pennies, just give enough chance to the team to come up with quality product and definitely you can make good profit then with price gains of multiple times.

Your analysis might be right, but do you know that it also depends on each individual project? and their trading strenght ?
Why do i say that? Cartesi was also distributed today, and the token did not feel an inch.

The chart you dropped is not a true reflection of the spyce trade history. @0.006$, what is the value of the buy orders or perhaps the support level of the coin?

its only found in one exchange?  

bw will not be enough for its price to go moon. it will just keep moving down. if bounty hunters get hold of their tokens, they better sell before it drops to $0.0001 all your efforts at least will be paid even if its just $20. i find it a good project but its just not what people needs.



you mean the team is buying back?

Because after the end of the distribution, the developed team and a large number of people try to sell and thus create a lot of liquidity that may lead to a lower price.

Also, many platforms lie about profits, which makes many people sell once the currency has reached the maximum possible price, which is the price before the end of the promotional campaign.

dont save tokens for long time

If I worked for the spyce project, or invested in it, sorry I would not be heeding to your advice, I'll sell the coins ASAP. If you sell immediately, the ROI or return for bounty hunters may be pennies like you said , but imo it's better than holding and selling for less than pennies, or the team makes an exit scam, and you have no one to sell to then. I can only hold Bitcoin for a long time, as for new icos/altcoins, I don't, they are more of pump and dump coins and if you invested part of your money in it, you'll not want to be caught holding it when it dumps.

Its normal, if your veteran bounty hunter its not new and only few projects can really manage the dump after the rewards are distributed to their participants. Your lucky if your one of the first batch to sell your rewards at reasonable price, but not all times you can blame it to bounty hunters because sometimes the project’s team itself are responsible of the dump.

This is exactly true, have seen many projects happened this way, the best moments for hunter is to sell immediately after distribution in this bear markets period. Could remember in early 2017, I was airdrop $13 worth OPEN token, now what I have left is $0.05, might seem like joking matter but that's the truth. Storing bounty tokens in wallets now is not advisable, sell off immediately, take profit at any cent, and move on.

The main problem was on the liquidity of spycee. This is not something news even when the hunters sell a small amount of spycee and it can created a dump too. No liquidity means no order to give support to the pressure caused by the hunters but this totally depends on the liquidity

it's very clear the influence of the bounty hunter. but, I think the decrease is not big. I think that the wall is big enough to hold it, or many bounty hunters are holding their assets. as far as I know, the price of this IEO project is $ 0.038, and before the price drops, the price of spyce is $ 0.007, so it's likely that not all tokens have been sold by the bounty hunter.

In the beginning, liquidity at BW.com was still low, buy and sell orders differ greatly. So it is very reasonable if prices fall after the bounty is distributed.

Ah, the dreaded pump and dump and put the blame on bounty hunters. LOL, But to be fair though, this is not the first time and won't be the last. I myself who have been holding a token that I participated more than a year ago and as soon as it was listed on Digifinex, it went on a downward spiral. But today, it is close to 100% ROI, LMAO, good thing that I hold on it never dump during the beginning.

I'm not saying that this coin will have the potential to pump in the future, but let's see how it goes.  ;D

dude, CTSI has already traded on binance and that was also getting a very huge volume to prevent the dump. The liquidity that will be supporting the market to prevent the dump that created by the distribution of bounty. in this case the liquidity is a key to avoid the dump

Yes, it could be that what you say is true, that is, there are bigger holders who immediately throw it away when the bounty distribution is complete, because in this case it is clearly not the act of the bounty participants, because they only get tokens in the thousands.

When talking about sadness, it seems there is none, because this project succeeded with its success, but when it comes to talking often there is a price reduction on a new project is clearly possible, even though it sometimes makes someone surprised.

Part of the reason to considered why the dumped take place, liquidity still low and once the bounty hunters decide
to sell all the shares, it will quickly reflects from the market.
Looking from that data, it's showed that hunters do aimed to sell while they still seeing value, they are okay taking
some profits from the bounty period of their works.
Anything can happened to this coin, if there are supporters and investors that willing to hold and allow this situation
to pass, the value will soon to rise back.

Maybe you are right but what if price pumps in near future? Upon all the dumps from bounty hunters the price still stable at 0.0058, since it was trading at 0.007$ before the distribution I expected the value to drop alot but that's not the case here, I think this token won't find it hard to recover

Lol. Again someone blames bounty hunters. After distribution they dropped the price from $0,008 to 0,004-0,005 on June 23
But take a look on June 10 - price dropped from $0,011 to 0,007. Who will you blame now? :) team or early investors?

There's a common thing that investors and bounty hunters think and that is to start dumping the token. Don't be caught off guard and surprised if the price goes on the dump.
Everyone waits for it to come on bw.com or any exchange.

It makes sense, only what I was surprised about when the price distribution was immediately dropped was severe, even though the allocation for the bounty was not too large and everyone certainly knew the amount of the allocation.

Yes, there are indeed two exchanges which are listed as Spyce tokens, namely in probit and BW, and the trading volume of the two is also different, only the amount of price reduction that occurs is almost the same on both exchanges.

Yes, and I am also still waiting for the surge in prices on this Spyce token while making a little trade in the BW exchange, because the amount I get is also not much, so it's a pity to throw it away now.

I was forced to sell my Spyce token yesterday because I have no choice, I don't invest in this token, I earned through bounty promotion so nothing to lose, this token was trading at 1.03$ in 2019, yes this is so true, what makes the price dumped to 0.007$ is still unknown

I do not blame the bounty participants in this matter, it's just that I was a little surprised when finished the distribution of prices immediately dropped down without the slightest level, so I do not blame anyone because I do not know who this is and I also do not look directly at reality. ;)

IMHO, the bounty tokens have partly caused that dip, But the price is obviously low base on that supplied information and not even reach $0.01 so what can we expect from that price level? I believe it will dip further if there is no intervention will come. maybe the other affecting factor is the demand is not good thats why it cannot create much volume to lift the price.

I've make up my mind that I will never promote listed bounty projects anymore because all listed bounties this year dropped in value compare to listed price before bounty starts, Blockburn, Spyce and IQ cash are good examples

the price is also dumped because there is no wall size. I see sales that are not so big, and the price changes down from $ 0.007 to $ 0.005. Well, it can be seen that the decrease is not so far. for now, holders need to wait for the price to recover, and there is a possibility it will happen 3 months after this. Well, as long as the team is still consistently improving the quality of this project, the price will return to normal.

I think the bounty hunter sold them right away when received it, and this exchange doesn't have too many volumes to ensure this token doesn't collapse in a short time. But this is only a slight collapse, you can still be satisfied with it. I have even seen a few projects collapsed 10-20 times after bounty distribution

Take a look on bounty allocated amount and total number of tokens in supply. Do bounty hunters have strength to even move the price so dramatically? Even if all the hunters sell their tokens at once.

You need to see this altcoin's liquidity at BW.com exchange. There aren't too many purchase orders, so the price will easily collapse in a short time if the bounty hunter sells all their tokens.

This token have already drop on its own before bounty distribution day, maybe investors dump or even the team no one knows, I'm glad I sell there aren't big demand for the token and it's certain that price will keep falling, the team has to do something good for the value to rise again

I'm not surprised, demand is low and sell orders are high, don't tell me you expect price to remain the same, dump will surely happen, even if the coin wasn't listed on any exchange it will dump the moment trading starts on any exchange, only project that has high demand won't be affected

If the price drops before the bounty hunter receives the token, then I think the group itself did this and made the bounty hunter get less money than expected. I have seen so many projects like this and they look so bad

This is becoming the common trend, after the coins or tokens get launched their price will drop. I think this is caused when those that received the currency are starts selling once it’s made available. But, that’s not enough to pull down a good project. Any project that’s here to stay will continue to thrive even after that happens, and as time goes on they will start coming up the chart. It just takes the right team to build it up to the level it deserves to be.

So, if you still believe in the project there is really nothing wrong with continuing to hold their tokens and having patience till things gets back to normal. But, as per many altcoin holders' experiences in recent times, long term holding is dragging them down compered to dump on receiving rewards from bounty or from ICO contribution. So, it is subjective and we cannot have one generalized practice for all the times.

I don't want to argue that bounty don't dump token but I feel at times investors too can take advantage of the distribution time to dump token and blame it on bounty hunters. Many times holders of token are not sure of what will happen the moment distribution is done for bounty hunters, so they also join to dump just to be on a safer side.

Hard to believe, many investors don't have time to check if the token or coins they hold are doing bounty unless the investors are also bounty hunters on this forum, Spyce token will recover in time, the dump is not even that much

SPYCE will recover when this project has a lot of news regarding big exchanges because after being distributed, bounty hunters tend to sell more.

I think this will be the most difficult time for the project, and this is also an opportunity for investors to buy some cheap coins. Of course, I am not sure about the future of this coin, but this is still a very potential project.

this is normal things happen they use that opportunity to sell at higher price then they plan to rebut back the tokens they sold at lower price when there are many bounty hunters selling their shares promoting it. It is also a strategy of traders to buy much cheaper price from hunters than the price they are selling It when IEO started.

It's dropping after the distribution but it looks like a lot of hunters much more interested to hold their tokens in their wallet. The price will be slowly recovered again as soon as possible. It looks like the dump will be turning into the recovery phase in a short time.

You think the fast recovery is because some hunters decide to hold? Many bounty hunters dumped there tokens in fear that the price may fall further and again the bounty allocation was very low, Spyce token is a strong one

When you say "that I will never promote a registered bounty project" because of the reason "all bounties registered this year have fallen in value" that's where you look "hypocritical" because the bounty project that you are joining now is also registered in two exchanges, namely Kucoin and Probit, so don't be a hypocrite when you become a hunter.


Source: https://coinmarketcap.com/currencies/arcs/markets

It was clear that participating in Blockburn bounty will be useless, based on bounty pull and number of participants.
Spyce - someone already dropped the price in the middle of June. Price has decreased almost two times since trading start. Take a look two red candles on June 9 and 11. Bounty hunters dropped the price from $0.006 to 0.004 but then it slightly recovered.  

Could you explain why you have mentioned IQ cash ? Because as far as I know, bounty hunters havent received anything so far.

"I will never promote listed bounty projects anymore" - great, bounty hunters will receive bigger reward ::)

You mean they also pouring in during the bounty dump? So basically they are exiting is that what you want to say? I guess thats a lousy move for them if they bought their tokens at high peak. Also its discouraging to know if the team itself are the one cause of the dump like some of the members are dumping their share thats why the token plunge strong. I dont know just series of scenarios. But this project is not bad at all In my opinion. The team just really need to work on marketing.

If it is more about securing existing assets, then it can happen and it makes sense if we think, because investors or token holders do not want to suffer losses, so they are more willing to release tokens at the price requested by the traders in the market.

I though Spyce token used to trade at 0.03$  :-\ so the price already dump to 0.007$ before bounty distribution happened, bounty hunters can't be blame for this dump because the token already dumped, only God knows why

Perhaps this is the last time he promotes the projects listed at the exchanges. And the price of ARX is also going down every day and most likely it will be like the projects he listed

Possibly speaking, it is still uncertain because directly he is still promoting the bounty project that has been listed on the exchange this year, but directly he also said that he will no longer promote the bounty project that has been listed on the exchange, this reflects that he is hypocrites.

when the market and the supporting community have the power of course dump can be avoided. the problem with dumps is that there is no market interest or decreased purchasing power. when there is no demand and more people want to sell, of course, a decline will occur. several projects offset the distribution of bounties by holding events to keep their market demand stable.

You are not consistent between talks with action. The project that your promoting is now listing on Probit and Kucoin. Why don't you leave this project, and look for projects that are not listed.

https://i.ibb.co/Lh6L2zg/sasa.jpg

This can be a good bounty, and bounty hunters can get a great amount of money in the future. Today I saw it grow more than 80% and the price went up to $ 0.47, if it can continue to grow then that's a great for us.

LOL! Apparently some people like to make post just to increase their post count for their current signature, they hardly take time to understand the meaning of what they post, I bet the op is confuse about listed and yet to be listed project, between their are some listed projects that have paid good amount to hunters too, we can't use the experience of some to generalize.

It's not like this is used to happen, it must be the bounty hunters selling the fees they get in order to secure their income. I think this has become a risk when the tokens have been distributed to bounty hunters, it will definitely affect the price of the tokens. Just how the owner of the token found a solution in order to overcome this problem and find a way out.

The situation is now very difficult for bounty hunters because so many projects are being delayed making them feel very depressed. I think the SPYCE price cut is something that will happen, and it will certainly be difficult to raise prices again. In my opinion, bounty hunters should be patient for a while because if SPYCE is listed at major exchanges, you will be able to sell at a higher price.

I have been seeing some people were saying like that too. They were wearing the signature while they were blaming the bounty. It looks like this is happening so many times.

I think they understood what they have been writing but they are keep posting it.

I'm looking at ARCS bounty presently, the price drop to 0.27$ days back but now it reclaim 0.45$ per token but the problem is the bounty is not over yet, I guess there is more three weeks to go, the price might still drop, SPYCE was more than 0.005$ when bounty starts.

Yes, and I also didn't say that the ARCS project was bad, I just made a comment made by "Ken_terrance" that he didn't want to promote a project that was already listed on the exchange this year, but at the moment he himself is also using the signature of the project that is already listed on the exchange, isn't that something hypocritical ?

Chance that value might drop if all those hunters who will receive their rewards completely dumped after.

There's no difference from other bounty who are already listed especially those that haven't got good volume from exchange the possibilities that
the price will drop for some time and let the team and supporters to workout and pushed the price back to much comfortable value.

If bounty hunters did not do that then I think its and big token holder who follows the news about bounty distribution and dumps it right before distribution happens. I think he has done that so that he can buy more token cheaper. He knew there are some dumb participants who will sell no matter how low the price is. I also think bounty hunter did not do that because I also got payments from that campaign and I did not sell a single token from my reward.

LOL, why are you so sure that I'm confused? Can you predict the contents of my brain ? and if you are good at understanding posts, try to understand what I said in that post and what topics I made about talking about ? Try to explain in detail, because I entered this forum a long time ago, namely in 2012, not 2017 like you who still looks like a child yesterday afternoon. LOL

bounty hunters like myself find it normal already after the distribution of tokens that it will plummet. it will even plummet down without the distribution of the bounty hunters token. one thing is for sure though is that i will never register to the exchanges where this token is listed. its a good project it deserves to be listed to good exchanges paired with BTC.

From my experience, there are many reason for this. Firstly, the agreed listing price at exchange are fixed by the dev team. sometime they intentionally list it below the public sales price. Secondly, what determine the price of any token is also a factor of demand and supply. When there are many people selling than people buying the token, the price will drop. This is the most common scenario. So it is advisable for any dev team to create a use case for token that makes people buy the token for a products or services in order to get the price steady.

If the team are sincere, no one should worry about price dump for, let's focus on the product and the long term benefit. I hunters fee their works is almost vain, but this has been the game of some projects.

That's now true and all depend on the liquidity in the market. The oikos airdrop has already distributed and it gives nothing to the market as an impact from the airdrop distribution. More demand create the buy wall and this will prevent the dump to happen.

This is a common thing and many factors have already happened, related to price fluctuations sometimes go up sometimes down. Just relax.

Personally, I have already sold my Bounty reward as it seems like the price will be only falling in the future. There was not a huge bounty pool, but the lack of liquidity on Exchange decreased the price significantly.

Yes price has gone to very low. Bounty hunters may be selling their coin coin. For spyce to go up in market team has to list the coin in some another markets as well. Liquidity is the main problems on bw.com  or in probit in spy/kr pair as well. Price might go some up after bounty hunters selling period ends.Marketing team should think more about this project.

Spyce project needs more exchange than ever right now, BW exchange isn't having enough volume but still better than Probit exchange, still they need to list on other exchanges for that token  value to come around

A very wise move, I myself have also sold spyce tokens after a few days of trading on the BW exchange, because I also think that spyce tokens will take a long time to move upwards, so I release them.

Yes, if the marketing team is still thinking about this, of course they will also find ways to be able to make prices more effective and more tolerable than now, the only problem is whether they still care about Spyce tokens?

If we compare BW and Probit, they are basically almost the same when it is examined in volume, and if the team wants to do a listing on probit, I think this is also a very good thing for their tokens.

I think this is the problem, the price of tokens often drops after distribution.
I think this is not due to disposal, but the purchase price with the selling price on an exchange is too far away. So if someone sells at the purchase price, then the chart will dump.

because even in token exchanges there are no improvements at all after listing on 2 BW exchanges and probit korea therefore there is no trader activity there because they know that tokens will not have good potential going forward.

Both are not having a lot of liquidity and probit is the worst exchange site and bw is much better than probit and you can't expect probit will bring a very good impact to the price as so many IEOs launched on probit have become scam project too.

I remember that some projects in the past were the same as this. the price will dump when the token from the bounty hunter has been distributed. However, based on that, I think the project needs time to develop again. maybe it's about 2 or 3 months after this. Well, I think spyce can have a high price, moreover, there have been several products that have been released to date. it's just a matter of time, and the team's strategy to make the price of this token go up again. Well, that is what I think.

so the key for price recovery was product developtment. its normal if price drop after bounty distribution , moreover people that get token freely for them sell at any price will be okay. no one should not blame them , the thing that be question is how about dev team work to make price recovery. what will they do with product dev progress.

The result of the project will always be depend on how teams works about the project and what kind of product they can offer and if its really usable for investors . It will back to the right value of it if many investors see the potential of the project on long terms plans.


If they can provide a good development then the dump we experience is just temporarily  and we can see green movement again when all hunters sold all their holdings.

There is two possibilities one bounty hunters started to dump coin as soon they received to compensate their effort put to promote the bounty token . Her we cant blame bounty hunters because at last they also want to get paid for their effort.
Second Token owners already knows that bounty hunter going to sell coin so that they can dump the coin and buy from low cost from the bounty hunters . Here they also should think about actual investors so they might dump and pump again . Its just possibility . If token or solution is having real tram and solution it will bounce back .

 Cannot be a good reason that the bounty distribution is driving the price down, some might assume it was deliberately made so they could buy at a low price, and it will stabilize soon after the hunters sell all their tokens.

not necessarily, all depends on the development of the project. there is already plenty of evidence that when prices are dumping they will have difficulty reaching the price before. but if the team develops and does marketing well more people will be interested and the price will return

And like their COBA game products, not many people are interested in investors because this game is quite difficult in my opinion and must use a browser that they make means that it cannot be used in other browsers, therefore there are very few users of their products.

If being played well as some big bagholders understand the sentiments coming from bounty hunters, this bag holders also have the influenced knowing that price will be dumped once the hunters received rewards, instead of waiting for hunters they started the dumped and let the bounty holders to dumped with lesser value, giving them a much more coins to collect. Though it's possibilities but still everything still lying with how developers will take over.

When its bounty came, I joined it, I thought it has a use case but seeing his condition, I don't think there will be any benefit, hard work and time is wasted.
It is better not to expect more from Spyce tokens, be happy at what you have. Or the other way is to put this token on the staking, maybe the price will rise in the future.

Current price:
https://i.ibb.co/kHc9kCk/Screenshot-20200629-155628.jpg (https://ibb.co/1v2dhWh)

Edit: added the source.
Source: https://www.coingecko.com/en/coins/spyce

I still believe that the value of SPYCE will soon increase again and that early bounty hunters will feel sorry to sell at this price. I am not participating in this bonus campaign, but I highly appreciate the potential of this project and am ordering it at a cheap price. Of course, there will be lots of bounty hunters who will sell them at cheap prices to have money and that's an opportunity for people like me.

What percentage are you sure that it will stabilize as soon as the hunters sell all their tokens ? because so far it's been very difficult to make predictions on new tokens, and until now the price is still red and there are no signs to be stable.


Source: https://www.coingecko.com/en/coins/spyce

Somehow you are right, the team is not doing well.
The team have to make a good announcement (listing.etc), or they should start trading competition if they want their token price to be good.

I agree with you, if they can make the product and do marketing well. Well, I believe that the price will soon recover, I saw a lot of altcoins collapse and then they died. Hopefully Spyce will not move like that

but they dont have a good announcement before ?  announcement is nothing because people can see it but wont impressed on what can they offer  but i agree on the competition part  . if they put that on thier announcement , they can increase thier chance for people to follow them   .

people like to do activities in return for rewards   . this year was bad for most coins so i wouldnt suspect them much  . wait and see for the world to recovery and see if there have been positive changes to that coin

Well with the current low liquidity on the BW (a thin buy wall), even though Spyce only paid a small amount of bounty tokens, it was enough to make the price so low. We cannot blame bounty hunters for this. However, those who learn and believe in the project, they can buy some and become a holder.

Everyone does have their own assessment of the project, but we still don't deserve to blame bounty participants in this case, because the allocation for bounties is small and also they are not able to control the market with a very small number of tokens.

Bounty Hunter is innocent in this case. I see this token has been dumped before the distribution of tokens for bounty hunters. besides, this is a new project that needs time to develop. we should not blame the current price. sooner or later, if this is a serious project, the price of the token will definitely go up.

The problem is no one is buying, the project has nothing that attracts new buyers and investors, the price will keep going down for sure unless the team take another helpful step for the project

Bounty hunters aren't responsible for this dump, the token was 0.007$ before the distribution day and after distribution takes place price is back at 0.005$ now, not a huge dump but token was already down compare to when bounty starts

Take a look on Bitcoin price in last few days. Bitcoin's price decline pulled other cryptocurrency prices down.
Evaluating the project by an exchange it is listed is wrong. I'm not talking only about Spyce, but overall. Listing on a popular exchange with lots of trading pair, big volume costs a lot. Not everyone can afford it. Some just wait to be invited for IEO. Some projects have funds, but not interested in early listing, but rather concentrate on development.

Maybe the bounty dumping are done already. Yes thats true, if the project will do nothing to have a good marketing for their project then this will die, noting that the project have just been started. I dont know much about this spyce but from what I learned they have their own browser right? Maybe they can improve that and focus on developing and deploying more features and the investor might noticed this token in a while.

I think developers already know that when launching a bounty campaign project by allocating tokens for payments to bounty hunters, the price will fall, developers should have prepared a solution to overcome the collapse of the price of tokens at the exchange so that no investors are disappointed because the developer supports and want to keep the price high.

Exactly, the team behind the spyce is not so active due to that thing they failed to gain the price of the token. As well before bounty distribution the price had already got dumped. Their team failed in marketing and because of that their token gets dumped from 1$ to 0.004 and keeps getting dumped.

This project doesn't give me any reason to keep holding than dump, the price was at 1$ and it dumped to 0.007$ ? Honestly that's a red flag, what happened that makes the price to dump that much? The team dumped on their own??

at the beginning of the listing also I believe in this token but the old coins are discarded and the trade becomes inactive there is certainly no movement in terms of volume on both bw and probit exchanges.

I don't blame bounty participants, because if I blame bounty participants, it's the same as me blaming myself, because I was also a bounty Spyce participant at the time, and what I saw was that the price of spyce tokens dropped sharply at the time the distribution was being done, not before the distribution of tokens to bounty hunters.

Yes, what you're saying is very logical, it means that interested people who want to buy this token are still reduced, so the price is difficult to rise in the near future, unless the spyce team has a new breakthrough that can make the crypto merchant's attention be attracted to spy tokens.

Who said to take responsibility ? because I have also never seen any tokens go down in price. The bounty participants must take responsibility, because they only have tokens in the thousands, not in the hundreds of thousands, and the thing that makes me surprised is that the dump did not slowly , but directly goes down.

That looks very different from the result that has already gained by OKS token as it has already traded 4x from the ico price and it has enough volume that can prevent the dump. BTW we can see that if volume matters a lot in this case.

This is natural, why? because indeed from the start the buy order Spyce was thin and indeed strong only at that price. I say that there really isn't a meaningful dump on Spyce. Now Spyce prices are back. I also followed their campaign and was quite sorry to sell without repurchasing, because I saw Spyce has pretty good potential

I also see SPYCE prices have returned in recent days but not much improved since there are still a lot of hunters holding this coin. I think it is best for the project to list this coin at larger exchanges because if there is liquidity, it will attract more investors. I have not yet sold this coin and will continue to hold it because I do not want to sell at this price because it is quite low compared to the potential of the project.

As i have my personal experience about Bounty program coin when enlisted on any marketplaces for trading mostly i seen they got dropped the actual price after a while.So, as i think and i do usually when it`s launched for trading you should immediately sell it.I shared my opinion there might be any exceptions from crypto experts.You can also hear from them.Thanks!

Well, the price of the IEO SPYCE is $ 0.038, and the current price is quite far from that. however, as far as I am concerned, the price of SPCYE has fallen before the bounty tokens are distributed. Well, as long as this project is still running, I don't think we can red flag this project, because the price of coins with a decentralized system can only be changed by people's needs.

Spyce is a very good project, but unfortunately listing on bad exchanges. This is probably the main cause of falling spyce prices
after distribution is finished. So bw.com doesn't have real volume, so this happens. My suggestion is definitely to join bounty
campaigns whose projects are listed on popular and reliable exchanges.

Yes. Developers should be present when token prices are deteriorating. Not just registering to exchange then leaving there. And I see that until now there has been no price growth even though most coins are currently pump.