The price was largely inflated the last few days due to expectation that Solarcoin was going to be the next Palm Beach Confidential coin pick of the month, which is essentially a recommendation by one guy who thinks he knows something that other's don't and charges people $3000 a year to join his website for this privileged info (just a statement of fact, not judgement). Anyway, over the course of the last month, the "hints" that PBC was giving out all pointed toward Solarcoin as being his next pick. And today we found out that he picked Dash instead of Solarcoin. So all of the PBC followers sold their Solarcoin. There really was no other reason for this dump. We still expect the price of Solarcoin to rise in the long term, so most of us continue to hold our stashes, waiting for the $10-20 mark.