Price of EDC falls again. It is really very difficult to develop when cryptocurrency market falls.
I think that some people earn big money of such volatility of EDC rates. There are a lot of speculators.
EDC Blockchain becomes more popular and a lot of traders pays attention to the coin. But price of EDC continuer to fall.
The coin falls in price because traders take profits and also those users who receive a percentage from the leasing program sell these coins. But when it stops the price will start to grow again.
Hope you are right. A lot of people participate in leasing program and they are interested in growth of token price.
Any user is interested in the growth of a coin if it is in his investment portfolio. In general, EDC has been performing very well lately, especially when looking at other altcoins.
From July the price of EDC is constantly growing. I hope that now is a temporary correction of the price and in future the price of EDC will stabilize and will continue to grow.