When it comes to HBD being overvalued I do see price manipulation...from traders on Upbit. It almost looks like a textbook pump and dump. It's a small cap coin with historically low liquidity that has a set value of ~1.00 USD (under normal market conditions).

I do agree that the fact that we have to use unorthodox solutions to counteract the market manipulation is a clear sign that the mechanics of HBD are broken. Fortunately the solution is in the works for the next hardfork.