I really appreciate threads like these because they fairly express feelings without trying to be hostile. The reality is that Cardano has been an ongoing project since mid-2015 in one capacity or another and only recently did the initial participants have a chance to exercise liquidity. The price didn't suddenly go up exponentially due to a big pump rather it was a reflection that two years of progress have occurred from setting up research centers to developing the core client since the last price signal.
Finally there original market was scoped to Asia and now a much larger set of people are considering Cardano. It's reasonable to assume a dramatic shift and lots of volatility.
Why so many coins?
It's their strategy actually. But which one do you think more like viewable 3 ADA or 0.0003 ADA? I think the first one. More coins with less price that is marketcap which is very important when trading and not only total number of coins. Cardanao fits perfectly in that category.
If I still do not think up over there if I apapaun the strategies he used it doesn't matter as long as it is indeed for the good or let his coin prices rise not crucial not to harm one another only