And why? Didnt ico collect enough funds for initial developement? Current market cap has nothing to do with previously collected funds jesus. Or do you think that the devs say "ah, market is low today, so we will not go to work and sleep until the random numbers go higher".
They raised a good money for development (as I remember they raised around 28 mln usd on ICO). I dont know why their development going so slowly...
Most likely, they decided not to allocate enough funds to expand the team, but to focus on the work of those forces that already exist until the interest in cryptocurrency does not appear again!
I don't think they care about the situation on the market. Why should development depend on the market? It shouldn't. They are executing their plan despite the dip. It is not an obstacle to development.