You asked for facts, so...

They released Wraith.  Good!
It appears to work as intended, despite some initial FUD it did not.  Great!
They released it past the deadline.  Bad, but under normal circumstances, NBD.  Stuff happens.
They have a history of missing deadlines.  OK, a little worse.
They BOTCHED the release of Wraith from a PR/messaging standpoint.  TERRIBLE for the coin value.

Now for my opinion...

I don't know that this coin will get to $1 this year.  I think given a few months, if they learn from this and Wraith is adopted for transactions by vocal players, the coin will gain in value.  However, it will be slow and this is great dependency because there is now a loud contingent of naysayers.  Despite a working product, PR drives value of the coin (the demand) greatly.  They screwed up for the short term.  Let's hope that people forget and look at the product/future itself.