Heres some perspective....

 Ive been looking at the other charts....


All %'s are for the last week

Ripple : -53%
Monero : -40%
Litecoin : -24%
Bitcoin : -24%
Dash : -34%
Pivx :  -34%


COLX is currently at around -57%




For being a 'new' coin with still a very small community, market cap, ect..... while the drop is bad, one can not ignore that this is occuring in a market trend that even established, reputable, and reliable cryptos such as ripple, monero and dash are experiencing 30, 40 and 50 percent losses.


That simply has to be taken into account.


I dont think the drop is as bad as is being made out, when taking into account the context of the market in general right now.