I have witnessed almost 5 consecutive ICOs that is a hyped ICOs and also sponsored a bounty campaign with big rewards goes way below ICO price. The ICO have a lot of potentials to have a high price. But when the time comes when the ICO concluded and when the time comes when it hit on the first exchange the price really dips hard. Is bounty hunters one of the cause of the price dip?
I dont think so, bounty hunters together earn only few % of all tokens and many of them are holding this coin. The main reason is that team is working on the product and there are no news just after end of ICO sale...