Any idea why the price is tanking?

Well, for one, the dev released a clone of this coin yesterday. And two, have you read his "plan" on the front page now? Got nothing to do with russian exchanges, sorry.
^ This.
Not reassuring indeed. Launching a new coin (a pointless one...) without consolidating this one. The worst is that he spend more time showing up in the other thread than that one. Well what to say...
Edit : i just bailed out. Good luck everyone.