I think CINNI will be very valuable, if his idea to get people agree with. Pay attention to
it, have a look his development and then consider whether to hold
Not sure anymore cause with daytrade at 80% of market cap or so, price should go up a lot, so IMO I think that there is some bigger game behind scene which goal is to keep price of good coins down (BC, CINNI) until they lost focus and slowly fade. I hope that I'm wrong but somehow I doubt.
I dont think there's a whale conspiracy to keep the price down. I think a lot of small fry got burned by the 50% drop. They're bagholders looking to cut their losses and anxious to sell at the drop of a hat - at the first sign of a blip up that might help them reduce their losses. Those weak hands are being reduced over time and eventually wont be a factor.
You also have serious buyers on the sidelines closely watching the coin and waiting to jump in, but not willing to buy until a solid floor is established and they can get in cheap. They want to reduce their risk exposure and want maximum upside to justify the risk - they want to be in at the bottom, at the start of the next rally.
Altcoin markets in general are caught in a climate of fear - people dont want to stick their necks out unless there's a really good reason to like a big feature and big announcement. Given what's happened in recent weeks on a lot of other fronts, why should we expect things to be any different.
It's up to CINNI's developers to make a compelling case to a skeptical market about why this coin deserves greater investment and trust. DRK has clearly made that case - among other things, that dev has put his real name and rep on the line. Maybe more coins need to follow that example.
Great thing about CINNI is that there's no premine or instamine scam here (which makes it superior to DRK in that reguard, which seems to have been heavily instamined and did a very controversial re-write of the original specs) or any other big scams of any kind that I've noticed - maybe that should be marketed more heavily. This coin is as clean and as stable as they come as far as I can tell.
The other good news is that CINNI seems to be forming a base around 13 to 14. It seems to be just a matter of time before it has a serious uptrend, especially if the devs have good long-term plans under their sleeves to support it. In this market, fundamentals matter more than ever. Talk is cheap. And in this market, increasingly worthless.