Yea someobody is clearly trying to keep the price low (which isn't half bad imo) to accumulate more coins. With the rapid coin emission of the first year it is quite normal to see the price drop specially with such a short time in an exchange. People who are hodling now are going to be the real winners in a few months time. The current price is insanely low for the nethash required to mine the coin now that the POW is GPU/CPU only. With the cheap ASIC/Nicehash hashrates gone I expect this to slowly pick up some traction along with more miners.