The only problem with that is the availability of coins. How many coins are actually available to dump? You do realize that 90% of hashlets converted to stakers and nearly all the stakers are filled (and locked) with these Paycoins. Other than a collective group getting together, there likely ISN'T any whales that can dump and move this price. That's the beauty of a staked coin.
Doesn't that imply that the value of the coin is not realistic because so much of the coin is locked up in staking? How would the true value be ultimately decided then if not via large-volume trading?
So for a Proof-of-Stake coin, its odd for the majority of it to be locked up in staking? WTF? Did I just enter Bizzarro Backwards Land?