Price is getting old. Nice hat, but with an effect also themed as hated.

So there are a lot of unsold on op, which result in a price drop.

PROOFS :

http://www.tf2outpost.com/trade/9852512 Sold in 2 week for a Steaming Hoodie worth 1.3-1.6. B/o was 2 buds

http://www.tf2outpost.com/trade/9688560 3 weeks old, B/O 2 pure, no serious offers.

http://www.tf2outpost.com/trade/8602709 1 month old, B/O 2 pure.

(a lot of lowballers at 1-ish)

http://www.tf2outpost.com/trade/8314646 2 months old, B/O 2 pure.

http://www.tf2outpost.com/trade/3533823 5 months old, no B/O, C/O is 2 pure. Offers are around 1-1.5. Inactive trade since 2 months.

http://backpack.tf/classifieds/search/379/5/31 1 at 1.8, 2 days old

http://www.tf2outpost.com/trade/9495544 2 weeks old, B/O is 2.5, no serious offers

http://www.tf2outpost.com/trade/8738673 1 month old, B/O is 3 pure, no one approach the buyout.

(a lot of lowballers at 1-ish)

http://www.tf2outpost.com/trade/2160374 Sold for 64.5$, so at this time it was worth ~1.6 bud

Cheerz :)