Any clue on why price dropped?
Was wondering the same myself - I think it should stabilise soon 
When the prices went high the volume was also high. Now , the volume is very low, so the prices are down. Less people are buying ANC now after Bitcoin value spiked up.
Moreover , i think people like to buy 1000s of worthless dogecoin for 1 LTC than , few Anoncoin for 1 LTC.
P.S. I love Anoncoin idea so much that my views might be little partial towards it..