Hehe, the price is still $0.15 !!!! In the beginning, I mined some coins for this and then moved away to another coin which has seen the price of the latter from $0.15 to 20 times increase, But looking back here, this coin is still $0.15. I think that the main reason was due to ASIC machines.
The stupidity I read on these forum is mind bogling. There are no ASICS for the algo. Do I need to say more. The reasons for the price are different.
This coin has been mined by ASIC for quite a long time before its hard fork. These cheap ASIC coins, initially insta-mined cheap coins, plus a large amount of supplies in total make it very difficult to increase its price.