Look at the end of the day the fact remains this whole crash and drama is due to Dark's official twitter spreading FUD because XC was continuing to rise before that tweet.
No it's not. The crash happened because XC PoS blocks were confirming so slow, so it took people hours to get their deposits to exchanges. So there were (and still are) a lot of people who mined in the beginning or bought in prices 500x lower, and when they saw the price was getting high they wanted to take profits. So they started depositing, but it took hours. So there were just too little coins in exchanges, which caused the demand to be much larger than supply. And after hours of waiting, a block confirms and the deposits of hundreds of people get into the exchanges at the same second, they all rush to take profits, causing the massive crash.