The avarage cost of my investment is around 11-12k. Compared the ICOs that have started in the same time, this one has a very low value. I see sell orders poping up everytime i check the index. I don't reall understan why or who would sell it for this price.
The bull cycle ended in July. So basically, the hype ran out and traders exited long ago, while many investors capitulated without seeing the platform released. This is probably the price without any of that Buterin/new paradigm hype. Once the platform is launched, we may see the real trend. So far, its just the global alt trend that is dictating GUP's price.
Its even more than just the global alt trend that is making GUP price fall. Its also because the team have been very silent for a long time and when they decided they it was a bit late as investors already sold. Anyway, these prices should be a good buy range.