Most of the projects are like this having been dumped after being listed in the project. Usually private investors are like this and they do just mind on how much they can earn after a project being listed. We know that these private or early investors are buying it cheap compared to the public sales.or during the ICO. It is expected that they can dump but still earn to it. But this process is very risky though.
If we summarize in general terms, each investor clearly thinks about how much they can get after the project is registered, this is not only done by private investors or early investors in a project, but all investors clearly think about it for themselves, because they also do not want to be harmed materially.
What is clear is that every investor always has their own plan and can set profit targets. those who know what to do with the money. This not only applies to investors, even bounty hunters will also sell while there is still a price. at least to make up for the effort as long as they promote the project.