The price has gone up to 1.98 $, not bad at all

Price is back down but hopefully will get back up to atleast $2.
I also see that someone with a super high hash rate is mining URX and that gets me worried about a couple things. 1. He/She is going to mine most of the supply very quick. 2. Will probably dump the coin in massive amounts, bringing the value of this coin down quickly. Gets me kind of worried seeing that.