My thoughts:

Every huge buy wall over the past few days was the dev. When enough people places bids around/above his huge walls, he removed his buy orders and dumped a couple million. Rinse/repeat. As you can now see from the Top 50 distributions on Trex, almost 30M coins (out of 42.2M or so per block explorer: https://chainz.cryptoid.info/hire/) are now "distributed", so the dev is either out of coins, or getting close. I suspect the down-to-50-sat dump earlier today was the bottom, and there may be some recovery over the next few days. I'm not saying there isn't anything shady going on (there definitely seems to be), I'm just saying that we may now see some normal variability as the dev coins are now almost (if not all) gone. Most accumulators won't be dumping anytime soon, so people may start to get in slowly for the possible good upside gambling scenarios.