About the price: XCP is glaringly undervalued right now. Big holders are dumping thousands of XCP on poloniex to recoup their investments.
The price will rise back up to at least .025 BTC/XCP once the dumping is over to make the Counterparty market cap even with Mastercoin's (main competitor with no functioning DEX).
I imagine that we'll go through about a few thousand BTC in "dumps" (or in other words, distribution) before early adopters are satisfied. Then watch for the rise.
I for one don't plan on any more liquidation in the next few months.
In other news, the
poloniex "wallet" has nearly 2% of XCP. I believe most of these are comprised of coins in the name of holders that don't have a wallet installed yet. Only about 4% have successfully withdrawn their coin.