It's amazing how the same pattern manipulation repeats over and over again, and still works!!
Just think a moment, if you had some billions of PND, and you wanted to abandone the project and say goodbye, what would you do? Would you slowly sell your PND for hundreds of BTC or would you crash the market and try to sell all at 1 sat, when everyone is afraid to buy??

Then, why it's happening the second and "idiot" version? A billions PND holder can't be idiot, so he would not do that in any case. But what if the purpose was another? What if the purpose is to "virtually" kill PND and force the afraid mass to sell their PND at ridiculous 1 sat, to ressurrect later?
Can you follow me? During last half a year big PND whales had been selling tons of PND for tons of BTC, and now they decide to kill the gold eggs chicken. It doesn't make any sense, UNLESS their plan is to buy all those billions of PND that they sold at 5-20 sats range and buy them at ridiculous 1 sat!!! The bussiness of the year!
I have no doubt that this is their plan, and certainly it's working. Look at that, already 1.6 Billion PND order at 1 sat. They surely will wait a little bit more people to panic and then BOOM! Billions of PND will be bought at 1 sat and 2 sats and the PND cycle will start again!