So what are the reasons why the sudden pump to 2k sats. Chipz / Rise Reboot Hype?
As far i know:
1. RISE is just before switching to a new codebase (ARK fork) and launching new network base on forging delegates emerged from community contest
2. New test network is running smoothly (check testnet block explorer) since april - over 30 testers (community members) work together with Rise Team.
3. Announcement at Rise market"Wallet maintenance - preparing for swap" at rise marked. It was yesterday.
4. Investors are waiting for a swap that will occur at bittrex (the exact date has not yet been announcedt)
5. After swap, new asset /CHIPZ/ will be distributed between RISE holders proportionally to amount of RISE held in personal wallet (the exact date of Airdrop has not yet been announcedt)
6. As Rise Team said from beginning, they are NOT going to keep the coins forged before the swap (ca. 10% of total coins) - these coins will be officially BURNED (destroyed) just after launching the new mainnet (the exact date has not yet been announced).
Feel free to join Rise community:
https://risevision.slack.com/