Here is my point of vue as i already say it on an other subjetc:
1)People were affraid with the ditribution of lumens that the price could drop, so many sells before, so the price droped a little but not as expected. Moreover today all the market seems to correct and so this is not totally due to the distribution.
2)Even if the "lumens distribution" will increase the total coin in circulation, it will also help stellar to be more known and used by the community.
3)It's obvious that all the lumens will not be claimed and for those who have enought bitcoin to claim a consequent amount of lumens, their interest will not be to sell it right away but more propably to hold until the price goes up again, even to buy more as the price has dropped.
4)As soon as people will see that the price has remained stable and when the market will rise again, stellar will have a very good potential and price will rise to hit maximum hight again.