It's not a written rule, there are a lot of projects that take off after ICO stage but usually they either hit hardcap fast or wait some time to launch in exchanges. Utrust already made a deal about exchanges if I'm not mistaken. So we see that in exchanges right after ICO. That may cause the dump from team and bounty participants.
Maybe bounty participants will dump their tokens, but team tokens are vested, along with the tokens of the private investors and US citizens.
The dump from bounty participants want be that big.
They still have a lot of backers who will buy at the dip. Think the value will only go up for this project.