it will rise
With the DEV selling the premine it will never rise. There are billions at 1 SAT and NO ONE is buying.
But those could all be moved if most of them are from the dev, and then the price can rise at least for a pump and dump.
If they start to move the DEV will continue to dump the BILLIONS he has!!
You cant dump though with no support and right now there is no support so he might as well pull the wall and try to sell them slowly.