It shouldn't, but it happens. In the world of crypto, anything is possible. I've seen worse situations with Trb, Trump, Cream, Rune and the list goes on....

It's true about the overbought aspect. No coin goes from $0.03 to $9.17 for months without correcting. I don't agree that a coin loses 95% in two hours... it's not very good publicity. For an investor, it's more like a rug pull than a long-term profitable investment