The Medici thing did help in pumping the XCP price a lot and I personally benefited from that pump. However, to be honest the final outcome seems not so good and the progress of counterparty itself was significantly slowed down by the digress of its two core devs. Hopefully, the return of core devs could help counterparty to secure its advantage of being the first usable BTC based 2.0 platform.
Que?
The final outcome is that Medici is still using XCP, and that new (!) devs were hired for Counterparty as soon as Overstock started Medici.
That Medici is also adding other platforms as well as XCP later somehow a negative thing? So increasing liquidity and connecting platforms with Counterparty is somehow the end of the world and a reason to sell? I was expecting it to pump the price even further, but after all, the markets are irrational!
If I told you that Example Exchange A is adding XCP to be tradeable with something else, like XCP or litecoin, would everyone also dump and cry?
Medici is using XCP primarily, adding support for other platforms, and the Counterparty dev team is coding and growing. That people are selling at the burn price makes me laugh, reminds me of Ronald Wayne, who sold 10% of Apple for $800... Keep selling guys, there's always someone with stronger hands at the other side.
P.S. If I had more BTC to spend at the moment, I'd join the bandwagon of being uncomfortable about the Medici situation too and post nervously... Because you gotta remember, crypto is a free for all... If someone convinces you to buy high and sell low, well. They win.
Crazy some people are willing to sell below 0.004, probably many of them got in during the burn but BTC was also $500-600 back then. At these low price levels, the USD value of one XCP is close to what it was during the burn. 
I guess it didn't work for some reason, as they are going to another platform (off-blockchain) for the voting......