5BTC daily volume and this coin crash as rock..... but thats normal for CB, coins on this exchange all the time drop as rock, because there is never order/buy suport for the coins...
if u can get 5btc volume on normal exchange...price never drop/crash so fast....only on CB...same scenario on many CB coins...
1. The coin Founders don't show their real names
2. Coin has no Whitelist
3. Masternodes receive big rewards and don't need to collect coins, but maybe they want to return as much money as they can before coin fall
4. And no one knows why collect coins
5. Many shitcoins run with similar scenary
6. Small amount of coins on CB because it's only started. I cheked that last 12 hours were sold about 8000 coins and were bought about 4000 coins, price drops 25%.
That's my thoughts.
You can check my investigation into this matter:
https://steemit.com/crypto/@pangem/beware-of-nibex-and-nero-scam