You don't have to know who is dumping, just look at charts for last 2 years. Welcome to dump city.
Marginal costs of botnet miners is nothing, or relatively nothing = dumping intensifies. It's a disseservice to the honest miners and coin ihhabitants to allow them a gateway into the coin. Whether this whole CPU friendly algo will pay off in the future in some manner, I have no idea, but it definitely did not in the past for overall coin health. I think I was mentioning this would happen the 2nd day the coin was released.
The price would be way higher than now with a GPU advantage algo. First reason, better network effect because history has shown GPU mining always wins in that regard.. Second reason, the marginal cost blackhole doesn't exist, which is kind of related to the first.