Populous rises more than 15% in price. What's behind the rise?

legenduim

full member

Activity: 588

Merit: 101

Quote from: limmousine on May 16, 2018, 02:38:46 AM

there are a lot of coins and tokens available today, but not all of them have increased and grown this year. I think populous is one of the great alt that continues to grow and keep going up and all this is proof of the hard work of the populous team itself.

Although Populous is not in the top-10, it is really very popular altcoin. The cryptocurrency did not show the great fall ever, and this year it can reach $40.

Jaycee99

sr. member

Activity: 1036

Merit: 273

Like all cryptocurrencies the reason is the people. The people or more likely to say the investors it is because of tgem, they buy more and...

1. They hold it
2. They sell it
3. PEOPLE buy it.

Because of the 3 situations the charts come in to increase and can go poop like it depends on the different amount and scenarios.

ashmodeus

hero member

Activity: 1638

Merit: 518

probably because the new update about Populous XBRL Platform
but i am not sure it's make price rise so quickly
then now ,
price going red
it's normal i think,considering all cryptocurrency going down right now.

kul0n

member

Activity: 434

Merit: 49

I think the potential for growth of this token is quite large, we need тo hold it. If we talk about buying, then I think $11.5-12 is not a bad price to buy

Red-Apple

hero member

Activity: 1470

Merit: 655

Quote from: valerie_zurich on May 15, 2018, 08:47:50 PM

What do you think is behind this massive rise?

despite being a high rank member you sound like you are new to this world. Grin

this here is just another pump. every day there are a bunch of altcoins that are getting pumped despite what other coins are doing. and then after they are done pumping (which is usually a day or two) they start their dumps and traders move on to the next coin to pump.
if you want examples then just visit coinmarketcap and see these coins every day. today's pump coins are: Protean, Farad, REAL,... and your coin populus is actually in red right now!

Raypok

member

Activity: 232

Merit: 13

PRiVCY -Mod

I agree that it is a promising project with good potential, the recent move comes with a lot of volume, can't find an obvious reason for this. Looks like a pump and dump group coordinated action!?

limmousine

sr. member

Activity: 546

Merit: 251

there are a lot of coins and tokens available today, but not all of them have increased and grown this year. I think populous is one of the great alt that continues to grow and keep going up and all this is proof of the hard work of the populous team itself.

valerie_zurich

full member

Activity: 197

Merit: 100

Valerie, spokesperson for cryptocoincharts.info

Populous (reaches 18 USD in value! PPT/BTC markets remained bullish in spite of most altcoin prices falling through the day. 24 hour gains above 15% src

What do you think is behind this massive rise? Should a correction be expected or does PPT have the potential to keep rising?

Topic: Populous rises more than 15% in price. What's behind the rise? (Read 134 times)