you have to keep in mind too most of the people being airdropped coins have no idea how an exchange works and just go hit sell for whatever the price the exchange is giving them. so then the next person drives it down and so on until you see the price that it is at now. you can't just hand coins to a bunch of morons and expect it to work out. a little education could go a long way to prevent the same thing happening with other coins with the same plan.
I think the basic underlying problem with national coins, is that investors are just so blinded by their greed and wanting to turn a quick buck, that they don't want to face the reality that the entire premise of the coins are laughable. Those who think entire nations will (with 90+ or more percent of citizens who have zero idea of cryptos whatsoever, with many over 40 years of age and barely able to operate their email) will NOT take the time to download a wallet, download 'currency,' then have to register on an exchange, learn how to transfer tokens to an exchange...then learn how the exchange process and pricing works...then register on ANOTHER site to transfer their btc...and SOMEHOW find a way to cash out to their own fiat currency to use actually USE the money. On top of that, these same people, even if somehow they found out about these free coins...how the hell would they trust that it's not a virus or nigerian scam since it is not coming from a federally verifiable source like their own government? Use your brains, people.
The devs of these coins are simply making fake wallets and depositing coins to their own fake accounts on airdrop. Then maybe to a few of their friends or forum members from the country. It's hilarious.
Does anyone in their right mind think an entire country would do this? Again, most of you guys are not living in reality. You are only thinking about the greed driving your purchase, and hoping that it will climb to 100x the price like aurora so you can cash out and go your merry way. But the market is becoming more aware of what is happening to these national coins, as they all suffer the same fate. IT's simply not plausible, and most are viewed as nothing but scams with beyond unrealistic goals.
The fact that none of the DEVS of these coins except for MAZA actually has a face and name for a sense of accountability should tell you something. They hold the premines. They are the ONLY winners in this game.
I generally agree with your thoughts, there is no reason what so ever to trust a dev who is not revealing his identity to the public.
That said, to say the devs are ONLY winners is not true.
Bought at 0.0002, sold at 0.0008.
I think I won something too
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Maybe this guy is dumping the price! 
