"...sellers are now holding."

More than likely these are different sets of people than in the recent past.

I think we also need to consider that any purchase at 0.0002 and then sold at 0.0003 creates an instant 50 percent profit IF ONE CAN RESELL AT THE HIGHER PRICE.  Such a spread attracts speculators who may know nothing about the company, especially as the pressure toward lower prices seems to have abated (for now). 

So, yes, the potential is explosive, and at least in part because many of those players will want a piece of the action, if and when we have encouraging news.  Several multiples of the capitalized value of the company can be come about in a single day, based on a few instances I've seen in the past.