monero stuck at that price because cryptonote still did not have the solution for its problem, it will goes no where untill next year or maybe it will goes down, there are a lot of good project outhere, they will compete with monero
Cryptonote alone does not have the solution to the scaling problem since it only has the adaptive blocksize limit with no permanent minimum block reward. Monero addresses the scaling problem with its adaptive blocksize and minimum, 0.6 XMR per 2 min block, blockreward. This is approximately equivalent to a 3 XBT per 10min block blockreward in Bitcoin.