This coin is a top attraction for traders due to the volatility and volume. Many dumps could be traders but I agree, something big is about to happen if millions of prime coins are being shuffled around.
Think of the volume needed to dump over 2 million XPY. Thousands of Bitcoins per day for at least a week in volume, plus a massive media blitz. I'm ready and hoping for it.
Right now huge volume (in terms of
BTC/XPY) is needed for dumps to absorb tens or hundreds of thousands of XPY, but when another zero and then another zero is added after the decimal place (Soon) all of a sudden this number of Paycoins isn't going to be all that much anymore. Top traders are not messing with this coin in any serious way, either, because they are well aware there is an asshole holding millions of coins waiting for pumps to create Buy Bid volume to dump into. The reality is that most of the Buy Bids on the XPY exchanges really are from believers thinking they are getting $20 bills for 50 cents, or at the very least that there will be a huge rally "when all the features are implemented" and they will make a bundle.