every single token dump... is this because BTC is dropping also?? all altcoin drops. what do you think what is the cause of this dumping price.? i can't sell my EQL token because the price is to low. from .0000095 eth it drops to .0000047 eth.. why is this happening??
FUD and weak hands.
Several months ago, cryptocurrency got a huge injection of funds. However, those are from new investors who doesn't know much about the crypto volatility. They panic easily (weak hands) and cash out when market start to go down triggering an avalanche. What remains are the ones who understand crypto and those like you who are itching to sell but can't (another form of weak hands).
We are in recovery mode now but it will be slower since half of the funds are gone. Crypto need infusion of cash to grow and hopefully this time it will be "organic" and not a sudden surge from a massive group of ignorant investors (like before).