You do realize that btc itself is one huge pump and dump coordinated by a bunch of pump groups and speculative companies? So why are you wasting your time criticizing this coin instead of the bigger picture? Maybe trading crypto isn't for you...
Well I don't believe that BTC is a pump and dump, I believe/hope BTC is bigger than that, but we are all entitled to our opinion.
and even if that is true , does that make this coin more legit because of that?
Does it matter? Does it make any other crypto more legit? The main thing that drives cryptocurrencies is speculation and we're all in it to profit, and the hopes of it being the future replacing worthless fed papers (key word: hope). There wouldn't be heavy speculation on cryptocurrencies if there weren't any "pump and dumps." It's the way capitalism works.