Judging by the daily declining price, we can safely say that the coin lose hope and begin to sell it for a penny at least to get.
Like many projects, the problem is in the real sector of application.
And while it is not, or else there will be positive news about how the development and so on., the higher the price we will not see, I can offer that the price will go even lower.
I agree. Although the CEO stated they will revamp the website and have good news soon, I believe ROI chasers are exiting the project because MN rewards are declining and still MN count is rising. This means less rewards and longer waiting times..
I am surprised at the amount of coins being sold though.. the supply is not that big and a lot is locked in MN, so you'd think sell orders would've dried up more by now.