For FTC, nothing unusual. Bots are lowering the price, probably until 700-800 sat, even less, than pump it up to 2.5k, than between 3-4k sat. The same happen many times. It is just the time for the new round. Easy money for certain group of the people, so FTC will never succeed, as it is known well as pump and dump coin, and can not attract any one serious to invest in it. It is a shame because FTC deserve better
i remember a situation in bear market long time ago where there was a bigger sell wall in poloniex on a coin (i forgot which one) than the actual supply.
think about it.
Most (if not all) exchanges will go under if everyone decided to withdraw all of their coins at once.
Cryptos are a fractoinal reserve bankers wet dream.