Sure. Price dropped from 18.5 to 1.8$ (it will be close to 0 soon like bitconnect and davorcoin) because old investors that finished 6 months 'mining/lending' period start selling and there aren't enough new buyers. Price drops when there are more sellers than buyers.
Firstcoin looks ponzi , 99.9% from all coins are premined, etc etc.. soon will be under 1$... especially that a lot of users coudn't move the coins to the exchange ...so the sell orders will be a lot more than buy orders ..so the price will drop more...
Your welcome...

PS. next time invest in a real coin... firstcoin is not a crypto IMO... its a ponzi.