IS THE BOUNTY HUNTER THE CAUSE OF THE SUDDEN PRICE CRASH OF A TOKEN OR COIN?

[Cryptovn88]

Sometimes, it really is. But the hunters never drop coins just like that. If they see potential, they'll hold the coin.

Yes, agree with you, all bounty hunters have their own rating about projects that they are participated. So that, with really good projects, most of them will hold it and keep tracking it, they not sell it after those coins listed. And with the poof distributed too less for bounty about 0.5%-5%, coins that bounty hunters holding not enough to make "crash" of token price.

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[enhu]

Distributed bounties aren't just the cause of the price getting lesser but is adds the market pressure. You will have to consider that the investors are not just individuals who will hold and wait for the project to be developed. The project isn't up and running yet which is why the developers are asking for the fundings which means there isn't yet some thing that will cause the price to rise up. Its going to be normal for a token's price to depreciate when investors take profit from the bonuses they get upon being an early investor.

[capableuwa1]

I disagree with this. Bounty hunters don't in any way affect the price of any token/coin. These are skills deploy by investors to lay the blame on  Bounty hunters. Take for instance SEELE did Bounty some months ago and during the Bounty the price hit almost 30 cent if not more than and as soon as the Bounty ended and the team announces the exact date for distribution (note that it was just announcement). From that day till now, that token still haven't recovered from the excessive dump from investors and Bounty hunters have become Holders of the token. Many cases and the most recent one I experience again is Uchain, listed September 19th and went as low as -90%. They still haven't distributed any of those token to Bounty hunters and yet investors still blaming hunters for what happened in their telegram group. So all this keep happening in the Crypto space and all the blame like on innocent hunters.

[poodle63]

Sometimes, it really is. But the hunters never drop coins just like that. If they see potential, they'll hold the coin.

Yes, agree with you, all bounty hunters have their own rating about projects that they are participated. So that, with really good projects, most of them will hold it and keep tracking it, they not sell it after those coins listed. And with the poof distributed too less for bounty about 0.5%-5%, coins that bounty hunters holding not enough to make "crash" of token price.

And then the result of the price of token will depend on the development of the project itself. Remember this more hype, more demands and more orders to buy that token in the market. if that coin can get a lot of demands and increase its daily trade volume and there will be a strong wall to prevent the price will be dropping drastically.