The only REAL problem of this coin is the fact that majority of ICO investors were hoping somebody will pump the coin, so they can dump, have their 200% profit in two days, then move to another coin. When they saw nobody is going to pump it, they were disappointed, strated to panick and spread fud, hurting themselves.

But now most of such investors either already dumped this coin to raise money to invest in some new p'n'd scam, or will do that very soon. As soon as they are out, the coin can slowly and nicely recover.