I think that current price is really low, wont sell it at these levels. CLO is not even listed on cmc so we should wait at least for that. Otherwise I start mining at the first day so it bring me some profit.
Actually, Callisto is listed on CMC:
https://coinmarketcap.com/currencies/callisto-network/Current price just reflect current development progress; when devs make major update of the project -
value will grow, as the price.
Perhaps more precisely there are many failures created and added to the effects of bitcoin prices that continue to decline and make investors or holders to panic and lower the price of calisto.