Bounty hunters have not received rewards yet, so that's not they are selling tokens so cheap, and I do not think investors want to sell at a loss.
In my opinion, either someone has a financial crisis and needs quickly make cash out, or it is kind of manipulation to drop the price, create panic sell, and buy cheap coins.
if it is indeed an investor who is in need of money he should not need to invest? strange when they don't have money but force to buy new tokens. I personally think this is not the work of investors but maybe it's a team? and see there are still many tokens that haven't been sold right?
no one knows for sure but clearly this can affect the price of the token going forward.