inside information from 2CH thread
https://2ch.hk/cc/res/416440.htmlrough translation from Russian
for the anons that do not follow the thread, in short
What is the meaning of bugurt? In early March, SEM reached its fundamental value of 5000 sats per coin (expensive, of course, but it is). The developers decided to sell 300,000 coins per 8000 sats/SEM. Well, it is their will.
Shit began to be pumped strenuously to find suckers and sell expensive. Pump lasted for whole second half of March. No one fell for it. As soon as the pumping was stopped, the trades practically died down and shit fell back to 5000 sats/SEM.
Price issue? 300 thousand SEM by 8 thousand satoh is 24 BTC, by 5000 sats is 15 BTC. 9 BTC the difference, 36 grands at the current rate.
For such money evere SEMUX faggot not even give his ass but will sell his mother.
Draw conclusions from where suddenly so many sudden defenders of the shit have come