There is a part in bounties i still don't get, bounty allocations are 1% to 10% of total max supply of the project token i wonder how dumping this can drag down its value? or most new projects have ways of dumping behind our back? For example Tokoin bounty leaves me speechless, many hunters sold their tokens but token value don't even move an inch from 0.08, what makes it withstand the dump while others would have crumbled back to 0.001 or more ..
Mostly new projects are pre-mined, that means that team took some part of the tokens for them. Add to that early investors,
they invest a lot of money and they get bonuses on their purchase. The team with pre-mined tokens and early investors are
to blame cause of the price drop after project hits exchange for the first time.
Bounty hunters can't affect the price, cause their holding is usually less then 10%. These stories that bounty hunters can
affect the price are ridiculous.