I think it's because people come in, try to mine, find it's not profitable and leave again. At current rates, mining is not profitable, not even close. But if you believe the coin will be useful and well accepted in the future, you don't mind mining it at current rates.
Most of the people here that "believe" in this coin, and I'm one, don't want it hyped but would rather see it increase in value naturally. However, that'll be a pipe's dream, LOL. Cryptos are a rollercoaster ride no matter what!
nope, I'm glad it is profitable. I got the idea that other coins were doing a lot better? I have such small "rigs", can't even call them that, LOL, but I get about 1 coin a day with them, so I'm cool too.
Then I'm just as confused about the hit and runs, unless it's just a whale coming in to rape the coin at low difficulty, driving the difficulty straight up, then leaving 'cause they can't rape it like they thought (KGW)?