This seems pretty typical of coins devs and coin life cycles. Boom bust and up and down. I don't really see any dumps on the exchange. In fact the price is stable and rising slightly. Something I'm missing?
all that matters to me is TRUST.
if something went wrong tell it in first place. instead he told there is progress in development and soon will be over (looks like PUMPING now from this situation).
...and finally...no staking wallet (everyone who bought on his "progress" got bitchslap)
EDIT:
I'm not accuseing him for pump and dump or steeling. I just want to say that dev should be more transparent with community because they were investing in coin and trusted him.