Dump what?. There was no premine, no significant instamine by dev (ocminer's pool started finding blocks from 72), mining cost was above 2.5k most of the time. Only coins he could have grabbed cheaply is setting up a herdnode early or buy some cheap coins on Yobit (that anyone could have done).

I think he has got some bad friends from his previous coin, who are trying to keep the price down to destroy this coin.

If the dev has got at-least a little bit of honesty, then there is only one way the price is going ...... UP

Grab as much as goats at these cheap prices and only invest what you can comfortably afford to loose. It is all speculation here in crypto world.