What is happening?

[Xembin]

Obviously bounty campaign is still ongoing, because if SPYCE drop value IEO will end up on probit exchange in bounty campaign.

[suryapro]

This happens probably because of the current market condition, I believe when pumps comes, spyce token will surely pump aswell because spyce seems to be a good project with a solid team working actively to reach their peak.

[bussybuddy]

Obviously bounty campaign is still ongoing, because if SPYCE drop value IEO will end up on probit exchange in bounty campaign.

Is the campaign still running? As far as I can see the campaign ended a few months ago and all bounty hunters got their tokens, although the price has dropped quite a bit they still get a good enough amount after 1-2 months of work.

[Zemomtum]

If they have distributed the token to bounty participants, all blames will be focused to this direction that the token was dumped by hunters but that is not usually the case as most often, the total allocation for bounty is less than 5% of the total supply. So, it is market that determine the price and the progressive development of the team with timely update.

[princecharles]

Several issues could cause a token to reduce in value, not all price drop can be traced to bounty hunters. In fact, this case was a clear indication, because the bounty was still ongoing and they're yet to distribute the bounty reward. I just wish that people should stop connecting price reduction to the impact of bounty hunters, if the projects were so determined to prevent their tokens from dropping, they should pay bounty hunters with something else.

[Banulit]

If the value of the token/coin was reduce or drop down, I think let's change the stigma that it is because of the dumping of all the bounty hunters especially like what the author of this thread said "even if their is a limited participants". There many variables that we should also consider when the token/coin value became less that what we are expecting let's also think about that.

[Bitcoin Miners]

I am surprised that bounty campaign called SPYCE is already down in value after IEO ended on Probit exchange, Bounty campaign is still ongoing, what could make the price drop from 0.065 IEO price down to 0.03$ ? This is so scary lol, the bounty campaign is fixed with limited participants, I don't think this will count

The price goes down after be listed on the exchanges is very normal now, not like as the previous time, the price was easy to go higher than the open sell price. You can see CRV coin, its price went down nearly 90% just after three day in Binance