Sometimes many people try to manipulate the market and buy precious tokens cheap and selling high later.They intentionally cause fear and panic in the inexperienced members and take advantage to perpetrate their greed activities.
The cryptocurrency market is different to any other financial market that we know. The early adopters of the cryptocurrency market are the cryptographers, nerds, computer scientists, wannabe entrepreneurs, etc... some would label them the 'outsiders' of society. These are the people that have reaped the rewards of entering the market early and becoming the next-generation millionaires. The nature of the cryptocurrency market structure allows the bad and greedy guys to get away with whatever they please. This sort of manipulation is going under-the-radar with many uneducated readers caving in to these misleading stories.