I thought that LIT would double in value after announce but its still falling
I can't understand why a well developed coin with a very active and talented dev is worth less than many half-abandoned shitcoins
That is easy to guess. Because no pumpers jumped on this coin yet. There was a nice rise because of the anticipation of Bittrex adding LIT and miners took the advantage to take their profits. So now there are not many coins to dump. The price is very low now and can only go up if people hold. Look at the Bittrex order book. It is just waiting to rise! Only good news are coming from dev team. We need to help spreading the word about LIT.