Nice, but a pretty useless coin. It is best to analyse something that has some sort of future ahead of it. Even if just good marketing, it is still better than this coin, worth absolutely zero for me. This is what their website says:
"About The Organization
At the moment no entity has been setup in any state. Very soon once we have initial membership we will begin the process of setting up a non-profit organization to help guide the future of Octocoin. The foundation is currently accepting applications for key roles. Please contact us for instructions on how to apply."
Having said that, for this coin to rise one cent it requires 1billion dollares marketcap, one billion for each cent, for a worthless coin. You are right it will go lower. lol