You make a great point and logically it would makes sense for the price to drop. But we are in a paradigm shift of what we perceive value to be.

I've seen many coins abandoned by the developers only to be picked up by the community and breathing new life into the project. I myself think that NAUT and 90% of the coins out there are crap but once again that is based on my traditional perception of value.

One thing is for sure as along as 2 people believe a coin has value and they are supporting the blockchain that is all that matters for the continued existence of the coin.

This whole blockchain crypto currency space is going to challenge many of our previously belived truths. Some of them will survive the test of time while others will be discarded.

"if you keep sailing you will fall off the edge of the earth"

Exciting times ahead indeed.