I could not agree more with all of you in regards to anonymous coins in general as well as added features may well boost up value of ONION, but if ye all don`t mind why such a sharp drop in value than?
I understand circulating supply is to be added more over aidrops and total marcet cap didn`t recover to previous levels when we had $18. USD as price per coin. Heck, Im still concerned over this sharp drop and coin going nowhere up as market slowly recoveres. :/
Like most of the market, DeepOnion took a hit when Bitcoin's price dropped significantly. It's not something a new coin can be prepared to deal with. DeepOnion is only 6-7 months old right now, as it continues to grow and after the airdrops stop, then it will grow its trading volume and its price will rise more. The airdrops are considered "free money" by some people (despite the fact that you have to buy coins first to get coins) so this is a factor for DeepOnion being undervalued at the moment. Fear not, as the market is stabilizing and when the airdrops are done, DeepOnion will get noticed.