Edit: Just read that XEL was basically abandoned by its original creator (Lannister), and someone named EK volunteered to take over but most likely won't stick around after launch. The more I read about XEL, the more ridiculous the current prices seem and the more I think it will plummet once it hits a real exchange.
Wait, is EK Evil-Knievel? Hahaha oh boy...
Stop trolling! Lannister, the original creator mentioned health problems before disappering and spread some of the original donations to other devs that have joined his project. After Lannister disappeared the other devs continued the development for a long time for free. Only recently have the devs received some donations from the community, including a alrge 500k XEL donation from one user. They are still working hard on the project, for many hours each day.