This project is still very new and there will be many important updates coming soon that could make the value of FRM increase in the near future. In fact, many investors have made a large sum of money from this ICO project and the development team will use this money to develop the project's ecosystem. Hopefully there will be more new exchanges in the near future as this is one of the ICO projects with great success in this market.
Yes, we need to understand that price of token is just a part of the project. Ferrum have a very active community, which is most important factor in this market. Team need money to develop, marketing and other cost. So keep calm and see what they've done.
Ferrum price is completely based on the developments they do, once they are updating the community will help them to get more exposure in the market. For everything they need some time because without money it is impossible for them to progress the project to a further level.