The current collapse in the price of GB was associated with the uneven distribution of coins. Now when the spread changes, I think the coin again will cost$ 1000
It didn't actually collapse if you take into account that all alts had a surge in price in spring. It's actually back to its normal pre surge value. But yes, the sudden spike of double distribution for holders attracted speculators. But it will recover and continue to grow after it is 100% distributed.
Also, it will soon have partnerships for 10% cashback with merchants. Good discounts!