The rise was after the announcement
The pump is because of the listing of the coin on new exchange. Happen every time!
Also since pretty much all wallets are blocked, you simply cannot sell the rally because you cannot move your ETNs.
The reason why the "CEO" of this ultra centralized coin makes hastily cowardly rollback IS again the listing on the new exchange.
If you go to asics you sacrificing the most valuable thing, and that is adoption. You simply deny 95% of people the ability to participate.
RIP.sorry but thats bs. ETNs wants mass adoption and this is not made by an asic resistent algo. not everybody who use cryptos wants to mine it right? Your "mining adoption" for the newcomers is still given with the "mobile mining" experience.
So an asic friendly algo is no argument that the coin is dying