As far as I remember, there is no percentage bonus if we participate in purchasing LTX tokens during yesterday's IEO, right? If this is true the price should be able to survive, I also wonder what caused the price to drop, even though they are all bought it for IEO price on that day.
But I still believe, LTX can pass the IEO price in the short time, I also hope the bounty token doesn't have much bad impact later.
Several factors can be attributed, especially that of private investors, am not very sure of the price range of the private investors but i think it was pretty low than the ieo price, again, it is almost a common norm in crypto that every newly launched project will first tank before it will beginning to climb, in my opinion, i think the private investors are dumping their stack, i don't see any other valid reason why price keep tanking, and the circulating supply is very decent, should not be a problem to drag the price down.
but i believe lattice is one good project, price will rise in due time.
Presale were 0.1, 0.15, and 0.25. So yeah, the earliest presale participants could be profiting and exited the project. But I don't think that's the case. Given they know how fast the IEO were (which can be translated as enthusiasm) they'll most likely expecting to sell at a higher price.
As we are moving to realm of speculation now, I'll say it was rather unintentional, the token sales participants (both presale and IEO) were trying to induct a panic sell, wishing they could buy more and cheaper, but well, everybody thinks the same and everything were snowballing
