Recently the CEX voting from Coinhunt was fake and obviously it was a recklessness on the part of the team so they didn't do any further research on the project voting on coinhunt.
Even before he said he would invest in $200k-400k of course it was a big amount but that statement would make people buy and after a day the tokens became dumped because of what they did that's why CEX fell drastically to a price of around $1.