I also think people should see the positive thing in this whole debacle... People who entered the coin, who had large holdings because they bought for 250 sats, now have cashed in to many smaller investors who will have a starting price of anywhere between 15k to 35k. So these people are not that likely to cash out, like people who have earnings of 10,000% +... only if they think the coin is going under...
Thats a great observation. People buying in now are hoping for large long term returns. As opposed to early investors who got their quick bucks and want to exit.