As you know, Japanese government bans several privacy coins.
Monero drops a lot. Since intense is monero based, it follows the trend.
It will be a hard time for our privacy coin lovers to fight against those organized FUDs.
The drop on Monero is just a trending news which is always take advantage by the traders. Trend setters. But once the price go down to their desired price. They will buy as much as they can. When their bags are full, then they will wait for the market to return to the coin. That's opportunity that we all should be careful of.
cryptoworld is truly utopia.
price manipulation like this in any civilized society would be considered as fraud.