No dumping here and no hidden pre-mine either, POW is not over yet so dumps are normal.
How do you explain what happened? And, to everyone following this, does the blockchain reveal anything about the truth on this?
"How do you explain what happened" ?
Remember guys, this is a free market, I don't control what the people do with their coins.
If you want someone to control stuff like that, go to Forex, there you have the ECB and the FED blocking short selling to prevent further losses
And let me remind you, this is the first day of trading with the coin in the final stages of POW.
And just in case you are wondering: I didn't dump anything.
And I can tell you, even when it gets my time to sell (which wont be soon) I will old my sell orders hard as steel and the buyers eat them.