Zoo coin just launched on both bitget and gate.io. that's a likely cause of this, sharing liquidity.
i know its already dropped but can it be explained by human emotion? of course the price will fluctuate as all things do until true believers hoist it onto their backs like atlas with the world so bit by bit they may have to part with some until adoption gives enough support to keep it from dropping low enough that we're talking about moving decimal places.

like google does no harm in making money...the devs won't mind either.