808 coin lost its value HARD. But a good deal of this happened due to Bitcoin gaining so much value. 1 satoshi today is a lot more than it was months ago. Probably still does not compensate the older prices of 10 to 20 satoshis though.
Well, I agree with you on this one. We can say that one of the reasons why 808's price tanked so hard is because of the BTC run that happened this year (and is still happening right now). I'm expecting for its price to go down even more as people are losing interest to buy this coin without any future plan from the team.
On the bright side, the community behind this coin is very strong and they are doing everything they can to stop the bleeding (in terms of its price) and they are hopeful that they will be able to push its price back to higher areas.
Our community got us this far in the first place, all the effort we invested in 808 paid off in the long run, we all got rewarded, it's up to the community now.