there are very big investors, millionaires - moving in and out of the coin to cause panic to everyone
I think the more reasonable explanation is that the coin was overdue a revaluation and that revaluation is now complete, so people are locking in their profits which is just the sensible thing to do.
Nothing to do with "trying to cause panic".
It's 1300% up on a few weeks ago. Is that not enough for you ?
Actually no
It's nowhere near enough.
Seriously, the coin is technically better than litecoin and if the market was information efficient, should've already replaced litecoin in terms of marketcap. Litecoin's key advantages over Btc were faster transaction times and decentralised mining.
Drk does the same thing plus provides transaction privacy. IMHO (and I know this is controversial and some might hate me for saying this) I think the name is holding back the Drk. If it was called PrivacyCoin, I think the optics would have been much better. More of the media would've got behind it.