So NEM is just getting more popular with every company or goverment using the NEM blockchain...
It's a carbon copy of the previous pump and dump last summer. That time the price went down 10x and the volume dropped to less than 100 BTC again. I doubt it'll be that severe but something broadly similar is possible.
I don´t believe that it would be similar ride than last summer rather complete opposite if bitcoin there is the second pump in the crypto markets. There also could be some big news in upcoming months (catapult). This negativity right here is kind of frustrating after following NEM from the beginning, they have managed to hit in the top 10 and I bet it just beginning.
I could be wrong but I won't sell my XEM before it but I am kind of happy that many will. If I am correct there has been many big buy orders buying the weak hands off, which IMO is a good sign.
I see it the same and loading more and more cheap XEM when times goes by. The more you get into NEM the more you believe in it and want to invest in it. Especially as you get to know better and better the community (E.g. Inside-NEM-YoutubeChannel, Telegram Chats, Slack etc.) and see that there are a lot of "strong hands" who have pretty good arguments to stay here for long.