90% of coins are in the hands of maybe 5% of holders.  That same 5% is who is buying up the cheap coins when buying does happen.  These big holders think they are going to make money by selling into a market where 95% of holders have only 10% of coin supply.  No new investors will buy in to a situation like this, so they are SOL.

You can't have a fluid market with 10% supply circulating and 90% supply in wallets waiting for the price to go up so they can sell and gtfo.

This coin is nothing but bag holders waiting for their chance cash out with a little loss as they are willing to accept.