Holy Wild Wild West Batman, this crypto-currency stuff is crazy. Just a > 95% drop intraday, nothing to see here. The crypto-token world will never really be stable until they have their first 99% down event, and I don't mean intraday before it pops back up, i mean when Satoshi and the Ether-boyz all decide to cash out at once, realizng their billions in newfound wealth could be taken away in a matter of trading hours.
If you think about it, in a matter of minutes, some Ether billionaire somewhere went from having a net worth in the low BILLIONS, to one in the low millions-- and nothing even happened. What do you think it going to happen when it goes down and STAYS down due to some elephants cashing in?