You was completely right about the drop to below 40 cents. I have an explanation for the fact that IOTA dropped so quick in the first week. I think it has something to do with that people who bought IOTA for a lower price before it hit the exchange and then sold it once it did hit the exchange because it was at a higher price. I've been researching IOTA for a while now and I love to share what I've learned so if you've got any questions about IOTA or cryptocurrencies in general feel free to ask:) and for those interested I will be posting articles on IOTA often the upcoming weeks