Monero is experiencing another consecutive great increase in price. XMR/USD markets are currently rallying as trader respond to the upward price spike that pumped prices by around 20%.
chart source:
https://cryptocoincharts.info/pair/xmr/usd/bitfinex/10-days
chart source:
https://cryptocoincharts.info/pair/xmr/usd/bitfinex/10-days
Is this really all due the Bithumb exchange addition only? Is the Korean market this powerful? Everyone seems excited here:
https://www.reddit.com/r/Monero/comments/6vwlfl/hello_im_korean/
Another positive new that could potentially be driving the price up:
https://www.reddit.com/r/Monero/comments/6vxnlj/localmoneroco_is_now_open_finally_moneros_own/
Other than these new exchanges, I can't find any reasons for the current pump, which leads me to ask... how much can these news sustain the pump?
I don't see any new major breakthroughs in technology or anything, just addition in two exchanges.
