Airdrops are no more valuable to bitcoin holders so all big whales are dumping it.Forget price recover,hell it won't go 0.15 btc price ever.
in the long run this change of distribution was necessary and will be seen as a good thing. it was ridiculous to be nothing but freegiftcoin. it needs to start earning its keep. some people will no doubt fold but it's one of the best coins in terms of ui and there's some proper vision behind it.
there's still no shortage of room to carry on going down all the same.