Its because a bunch of youtubers got secretly together to push a trashcoin to dump on us, just to name a few: highoncoins, supaman, trevon james, fish....
The funny part is that trevon james cashed out BEFORE the big dump. Seems like he was too greedy, i also witnessed him again on the piecoin discord. He did the same thing as the other youtubers, he found a trashcoin to promote on youtube on his followers AFTER HE BOUGHT A BIG AMOUNT. Yeah he got himself positioned before everyone else, i also witnessed some talk in between some of the lead in the discord where they discussed to dump on us.
Its always the same just in another coin...
History repeats itself but it seems like that no one wants to get the message.
Also seen on the coin DAS, highoncoins took it to promote on youtube and guess what the price jumped too.

Just dont get fooled...
https://www.youtube.com/watch?v=8QJi62cgmDQ