A few thousand dollars worth could send the market right back up there. It could go even lower too if people dump. Markets go up and down. That's just how free markets work.
Overall, Mintcoin is on a long-term uptrend. Drops in the price are necessary after price rises, to test out where support s are at. It is healthy.
What I've seen happening is price declining on low volume. This is in no way a bad thing.
Low volume because people hold it to stake.