Because only the preminers/coindev got coins so he/they control the market 100%.
Anyhow, anytime there is a big silence just after a launch then you know you can not trust it.
But they don't care, because there are always stupid buyers that have no idea what they invest in themselves.
At this point this coin is just a piece of digital paper and someone is selling out pixels to the blind.
oh sad to hear that but reality hurts, this coin have no proper announcement just show up from yobit
and have big volume then the price got multiply I don't know how it will last but i think it is better
to be aware rather than cry after.