any body know the reason for current drop?
Yes, there are several reasons for it.
1. Regulations of crypto market from different countries;
2. There was a fall in the beggining of February because of Chinise New Year and a lot of traders went to fiat;
3. After it, people started panic and sell a lot of crypto;
4. Aslo, ETH has a big threat such as platform for tokent. All ICOs go fiat sellin very big amount of ETH on the market, what influence its price negatively.
But now we almost reached the bottom, " big players" started to invest in crypro and soon we will see positive rand, do not worry!