As a lot of other currencies , the price is moving down , I made some calculations today on Wanbi exchange , the price there is about 120 satoshi , on c-cex some members sold WMC at 40 satoshi , it is very low , but the big problem is we can't make Wanbi accounts because we are not Chinese .
We are aware of these, what happened on c-cex is a desperate trader who wants to liquidate his coins, too bad for him since there are a lot happening in the background for this WMC. Once the good news will be out we might begin adding up WMC on bigger exchanges.
Update: To all those who are not yet aware. Both Deposit and Withdrawal function for WMC on Yobit are under maintenance. Try trading on C-cex.com instead. Thanks