$JTVO dev chatted with me for a while. The situation is roughly that a community of over a thousand people was led to buy JTVO, and recently there has been some conflict between the community leader and the dev.
Someone from the community quickly copied an app called finna using Gemini's API. Finna is a complete copy of JTVO's recently incubated new project, yuna. Then the community leader called on everyone to buy finna, and a group of people collectively dumped JTVO to buy finna.
This concentrated dumping caused panic, and other people who didn't know what was happening were scared and started to liquidate their holdings.
@JatevoId @lucaxyzz dev is probably feeling very confused right now and doesn't have good crisis management.
dev assures there is no rug!!!
If anyone has questions, they can comment below.