because they believe they can catch the bottom and rebuy back, increasing their hodls, if you are lucky it is a good move but if market decide to react quickly, it could be dangerous,
but many believe the market is still very bearish couple with the delays of platform lunch and migration to the cardano blockchain, people ate selling because no good news that is forthcoming, the more the delays, the more the price falls deep, only the long term players are buying now from week hands.
This was traded already? Which exchange is this being traded?
This is probably one of the best projects that was able to staged a successful ICO despite a huge slump on the market. Good thing the team was able to list this on an exchange.