XSPEC's ownership is so topheavy that it only takes one of the ICO investors to drop a small percentage of their bags when the buy orders pump modestly to send the coin's price plummeting back to a level they are comfortable watching it at.  I like the idea of XSPEC, which is why I'm a holder, but ultimately its long term success seems to be completely married to the whims of the early investors that control the vast majority of the coin supply.  It's a race against time at this point.  Can XSPEC coin ownership become diluted fast enough through dev progress and overall marketing hype so that it can become immune to big dumps, or will one of the many privacy coin competitors surpass it technologically and cause XSPEC buy orders to dry up before whales have taken their fill?  There is, of course, another possibility, and this is that all of the big owners will stay disciplined and hold for a while, but sell-offs like we witnessed yesterday make me skeptical that will ever be the case.  It's just human nature to take profits when they're available.