Ok, so I think I have now figured this out. This was all a scam so people send their CXT to the developer for swapping while at the same time demand for CXT is created by new people buying CXT in order to get the new "masternode" coin. What this basically ensures is that the dev can dump CXT almost infinitely during the 7 days "swap" period while also having a decent market for the dumps.
All the rushing now makes a lot of sense as well.
Nice try.. but I dont think anyone here believes that bs.. In such case, the scam would be too obvious and everyone would report and warn about it with easy-made proofs (above guys doesn't even bring any proofs about not getting the swap, probably wants to buy in low after telling some lies about this project). I would personally wait a day or two more how swap goes generally and what is dev's response for how swap is going and stuff.