I would trade at 100 BTC per 365 minimum. Have no idea what for people trade it for 5 BTC. That's pure madness.
thats called panic...
and it is usual when new coin starts directly on market

42 coin SPEC
Scrypt
42 coins Max
365Coin SPEC
Blocks Per Day: 1440
Total Mintage: 133225
Currently 42coin is worth to cryptsy 80 BTC, the biggest price was 121BTC
42 coin is actually 42, and 356 coin is really 133225.
Start thinking realistically