Thanks for clarifying. I don't the dev is dumping the coin but someone who has at least 200K coins. But I still think the coin need a lot of campaigning on twitter or airdrops to make people buy more.
Just now someone dumped 2000 for 68 sat thats ridiculous....
If this project was serious, then no one in his right mind would dump coins at that price. Not sure what to think of that.
What does people selling coins at a low price have to do with a
serious project?. The people dumping may not be serious, but the project in itself is!!
But The good news is that people buying at low price are the ones benefitting from the low price dump and the people getting these coins are the serious one that want this project to grow, see this phase as a cleansing portion of the cycle... get rid of the sh%$ and get the reward!!
If some people get contented with 5-10 bucks than so be it, this stage will be over grown!!
Let me admit that you are basically right of course. It's just so crazy that it is sort of a red signal for someone coming across this place in the first place. It is of course not the ultimate prove that your project is not serious, but it makes me think twice before investing. Didn't want to attack your project, sorry.