Maybe, but I rather think that DASH is now dumped onto newbies, to reload the funds that have pumped it earlier.  The low liquidity of the market makes that you don't need huge amounts of money to pump it, but you do need some money.  So at a certain point, you need to fill the accounts again.  This, you do by dumping when the newbies, suffering from FOMO, come in.  When the batteries are reloaded, you can go for the next pumping season (or for cocaine and prostitutes, depends....)
This doesn't work with a liquid coin of course, but DASH isn't liquid at all, and lends itself perfectly to this practice.