yes it's dropped in market cap but when you look at details you can see that it's less tokens in circulation!
it was more than 7 millions BCC in circulation yesterday, today it's a little more than 2 millions! can someone explain that?
A simple answer is an adjustment in the circulated supply, but actually, I don't care what position bitconnect are on coinmarketcap as long as the value keeps increasing.
This is the circulating supply (8,402,106) not sure what's up with coinmarketcap:

Also, 98.56% of the trade volume is done on their own exchange which is a
huge red flag. They can manipulate the price and the volume trivially easily and nobody would be the wiser. No crypto should be taken even semi seriously with such a degree of centralization and lack of transparency.
This project stinks from every angle and it's begging for crippling regulations.
And since almost all the trading is going on at their own exchange they can manipulate the price and the supply. They can say whatever number they want for the price.