This market is so harded manipulated.
Someone sell millions togheter,then again buy millions,then again dump etc etc.
Really can't understand this way of trading.
And which will be the result.
Miners need to pay attention to this.
If they have not strong hands,they could sell low and day after price is double up.
I'm quite sure is a team of whales,or some solo trader with good amount of btc playing with this coin.
Maybe it's just playing with order books before real trading starts. Usually in POW phase most miners will dump. We have to wait till POW ends up and we need the DEV to feed this coin with some news at least once a week so that investors feel confidence there is some light at the end of tunnel.
I think dev is the last part of the food chain here.
Hype and pump can do everything in cryptoworld.
Remember cannabiscoin....zero activity for months, then dev(maybe under pumpers suggestion),post that 1 shop will added cannabis on market and price will reach 1 usd and it creates a HUGE,HUGE,HUGE pump.
Then nothing happen,but traders made a lot of money.