To be fair, the price went sky high in a very short amount of time. I'm talking just April, and just the past few days.
I sense the market is being heavily manipulated.
That is natural during a collapse though. As the price goes down the bulls keep buying back in at the end of each day thinking they are getting a steal. I doubt the next day or two will be pretty but, I'm ok with it either way. Just waiting to see what happens next with my bowl of popcorn.
The price rose based on speculation. The "DDOS" attack is actually panicked sellers trying to sell, speculators trying to buy "cheap", and others trying to look at prices. The exchanges just never expected so many new speculators to enter the market so fast and their infrastructures can't handle the load.