Name one coin where pump and dump is not done?.......go with your FUD some place else....
All coins are pumped and dumped. Look Monero, ETC, ... But NAV was trading at 2500 not long ago. Now without the whales with their buy walls it is still 7000. So a real price increase occured. Once it gets decentralized price will go up more.
Thats the point after all of this happen price will surely increase and whalea are just making some panic to take advantage of weak holders i guess much better to just let everyrhing be settled then start trading again.