According to the CMC the traded volume of JSECoin in the last 24h was only $118. This is very low volume for a project to survive on the market.
Exactly. The price is hard to gauge when there is such low volume!
The guy with 91k of jse coin could probably collapse the entire market if he tried selling all at once.
There are plenty of miners, but not many people accepting jse coin as payment. So alot of downwards pressure on prices, with not alot of upwards pressure through utility.