Find it odd that as the price continues to drop, the XC team is no where to be found. Strange. Perhaps they're all getting some well deserve sleep but hey more communication on progress would be reassuring for investors. It may stop or at least slow down the massive dumps and dwindling market cap we're currently seeing. My 2 cents.
Btw: still holding strong my big bag.
I think it could be bag holders of different coins who also own a little bit of XC that may be driving the price down. All in all, I don't really care. XC has a long ways to go in development and this is only the beginning. I've researched most of the other anon coins and XC simply offers the most promising future in the long run. There is a reason why there are people out there holding thousands upon thousands of XC and not selling.
http://chainz.cryptoid.info/xc/#!rich