I was looking at our market price on crypsty, and felt a little disappointed.. SXC has been gaining websites but it doesn't seem to be gaining any traction ... Some of the coins that are doing better have absolutely no commericial value, they were just added to Cryptsy earlier, and are listed in the BTC markets.
What the coin needs is more miners. The price isn't rising because the mining difficulty is low, which means it can be sold cheaply but still be a profitable coin to mine.
Get more miners, push the difficulty up, and they won't let the coins go so cheap.
But it works both ways too. If you can find another way to increase it's value, that will naturally bring in the miners.
Actually, I find it a little strange, when the coin was up on PhenixEx, the difficulty was rising all the way up to 1. But on Cryptsy, it's averaging <0.3. Which is barely more than it was before it was on any exchange at all.
Maybe the difference is the fact that it's on the LTC market? Which hasn't been doing all that well lately? Personally, I'm not worried about that. People keep talking about the "LTC crash" or the "Alt crash" or say that all the alts are dying. That's total BS. The only reason it looks like that is happening, is because the BTC value is rising so fast. But everyone knows that whenever BTC rises too far too fast, it's followed by an abrupt crash. Once that happens, all the alts that are currently "crashing" will shoot way up. It happens every time.