I don't really know what happened, but look at all other Alts: Doge sub 130 sat (and will hit sub 110 one more time imo), Aur 0.014, Mint 15 sat and I'm not talking 'bout Leaf or Moon... The only way to gain some profits on the Alts markets right now is to take the hype-wave rides on the newly listed coins on Mintpal... Which is hell of a risk if u ask me...
So the only thing we can do now is to hold and to act somehow to maintain life in the community till devs do their dev magic and stuff... maybe buy more at the current price if you are faithful (crazy
) enough... I personally have a small order at 5 sat... We must be in some kind of crypto currency recession. Bitcoin and all other crypto's are undervalued while mining difficulties remain high. Miners add more hash to make up for the losses in revenue, thereby pushing values even lower. It's a vicious cycle.
Things will recover (crypto is a capitalistic type of economy). When or how is unknown, we are in uncharted territory.
Any type of recovery would be completely natural, no nonsense like quantitative easing. Although, this "DeleteCoin" thing does appear to be something very similar to QE.