Anoncon is not just another pump and dump coin. It has been consistently priced at approx $1.
I guess, people are still not aware of the advanced features of Anoncoin.
The development of the coin is not being funded by big bag holders, Everyone do day job and also work for the coin. And you should also understand that achieving something that has not been achieved takes time. Anoncoin is trying to implement zerocoin , the feature that will make it truly Anonymous cryptocurrency.
You can take a look at the development of the features at https://github.com/Anoncoin . Almost everyday some new code is being added or worked on.
The lead developer is hoping to get the testnet ready for zerocoin within next one and half months. Feel free to join and test the features. Will definitely let you know when its ready.