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It's down 97% from the peak. Volume is dying (last 24 hours, not even $20k total). Are you sure you're looking at the right chart?
The past week there has been so much unbelievable bad news that I'm still stunned. The price crashed originally but then rebounded quickly right back to .0032, on massive buys.
With 14 million coins out and huge inflation and so much bad news, this coin should be at 1 penny, $.60+ is way too high if all the bad news is true and insiders have been dumping the premine [the way most here suggest].
I have seen coins with way lower floats and zero inflation, and with zero to tiny relative premines, crash so fast on way less bad news.
And I do not believe traders have been buying it all up. Not with so much bad news in just a single week. So I feel there is something else going on and that's why I have been buying.
We will soon find out if there is a big plan or not.
Cheers!