I would have more confidence in it if the prices rises were slow and sustained, rather than brief spikes.
that's likely an indication of singular action, or worse concerted action, either way it is not indicative of diversified activity.
that's what happens when a coin, any coin has a large dependency on hype, hype moves people, but when you have too much hype people get numb to it, and realize that they are being played.
Btc was the first to do it and so everyone else simply borrowed from the play book.
If you don't do it you will not get the necessary running start needed for lift off. Over time everyone finds their place they simply need to keep moving forward.
Sadly, after they make it to an exchange they think the show is over, but what they should do is to give it a practical application.
