This is ridiculous, people are dumping like this is a busted coin. Insign is nice, but I'm more excited about Intelliapp.
Intelliapp let's you send money through messaging. People without crypto knowledge will be able to download and use it without needing to understand addresses and the like.
When Intelliapp is launched(within a few weeks) the price will skyrocket. I have no idea who is dumping right now. If you panic sold, you should buy back immediately. If you haven't bought yet, get some Intellicoin below IPO price!
Like some said, it's highly possible it's the multipool (which dump whitout thinking about the coin state)
That's exactly what it is. With the low volume in alts today its getting harder for quickly mined pow/pos coins to hold price in pow for more than a couple of days. It will pass.