this coin is a fraud, where did that amount of ETH coins come from?
it came from people who were stuck in for months and dumped on eth. it really doesnt help anyone coming here and screaming fruad. somone is working on the project and now thanks to eth you can buy super cheep and hold for bull run. maybe alot of people wernt around last year during bull but even if a coin has no purpose if it can be traded and people think they can make money and sips will be traded even more so now that it can be bought cheeper on eth. look at xp and pcn, both shit coins both had big trading volume recently
now someone with 9 ETH arrives and buys 1 billion SIPS, does not make sense
It's a free market. It will be dead if no one comes to buy at that low price, if someone comes in and buy 9 ETH worth of SIPS then I will be happy because still, someone believes in this coin.
If you think it's unfair because someone can buy 1 bil of SIPS at this dip, then buy more. If there are more than "someone" or more than 1 buy order, believe me, sellers will raise their price soon when people buying in.