Why FLO is going down recently ?
probably because most of the coins did due to all the "stupidities" around bitcoin forks
and the day care battle that different groups of BTC "leaders" (my personal opinion,
they are all but leaders).
So, as a consequence of this insanity, most coins dropped in value compared to BTC.
I pray to have an end of the full control of BTC over other cryptocurrencies ;-)
Bitcoin does not have any "leaders"...
It is a PoW blockchain governed by the consensus of "intelligent, self-interested miners"...
If you go back to thinking about Bitcoin the way Satoshi did... everything makes sense again.