Pumped and dumped.
So sad this happens to every coin with some promise these days.
I feel sorry for the bag holders who bought in on the rise and didn't sell out before the drop.
Feel REALLY sorry for them now, because those coins they sold a a big loss are now worth about what they were before the dump. This is a brutal game make no mistake, it will test your emotions to the limits on what to do in volatile situations. Best bet is to place buy and sell orders that give you a nice profit, then leave the computer alone - sitting there watching is probably the cause of most money losses.