It's just a bear market. Not the death of monero. A great opportunity to buy lots of cheap coins.
That's the same statement said when it dropped from .0043 to .0039 and again when it fell below .0030.
It's been on a steady decent since peaking in September.
The graph doesn't lie.
~BCX~
Monero's main contribution to Crypto was to revive and burnish the BCX Legend.
Otherwise, no Dev Team has ever promised so much and delivered so little...
These clowns could not produce a production GUI and database in 9 months...
(And can't even be bothered to maintain current bootstrap files)...
So based on that track record betting on Monero to win the anon coin stakes is crazy.
In fact, Monero won't even win the CryptoNote race...
When SuperNET with BTCD (telepods) go live next month BBR will be integrated.
As Peter Todd pointed out about Monero...
You don't build on an "atrocious" code base...
Because it will never be stable, meaning ...............................................................................
........... never...
You scrap the spaghetti code and re-write from scratch, baby, we've all made that decision.