Volume says it all, it's declining day by day, price dips happen in relation to BTC but can you explain the volume going to complete shit?
Volume was doing okay and actually rising again until Bitcoin broke sub $9,200. It had been at $48,000 and then went to $100,000+ until Bitcoin shit itself again. Price has been dropping with BTC so no one wants to trade. As far as I'm aware, the amount of staking coins have been increasing. No one was comparing XSPEC's features to Monero's features, I was simply using graphs to show they experienced similar drops in accordance with Bitcoin. Not surprised that went over your head.
Does the business model have any underlying revenue generation or value support for the coin.
Or is it just a utility token with no real use?
all coins need to be used in a way that creates value (e.g. mining, lending, payments)
Good questions. XSPEC is a privacy coin so the main goal is to be able to send coins privately without being traced. Currently it works, but stealth isn't default. Someone being able to send money back home to their parents in another country, often in a region where it might not be allowed, is a possible use-case. Its a PoS coin with a 5% return so as long as the value is decent, accumulating and holding is profitable. XSPEC has some plans in the future to implement a thing called Spectrecash, but thats way down the line and not really on the agenda for now.