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That scares everyone... But that's also what the malicious people want... They want other people not to buy, so they can overtake the coins. They need the exchange rate to go as low as possible, because that's where they can start to make profit instead of just losing their coins.
Common sense says people should buy more when exchange rate goes down.

It's around 65 cents today.

Today it is around 15 cents

Today it is around 7 cents🤐