Many Many factors are at play right now in the market and with our price. The email from Richard was defiantly part of it. Here is what is happening and why we are seeing price increase.
- Electroneum is delivering on what they have been talking about.
- You have investors and long term holders that have gotten off the sideline and have invested
100’s of thousands of dollars of their own money and purchased up all the cheap sell orders
thus starting a snow ball effect of buying and some FOMO.
- BTC is going up in price and loosing dominance.
- Alt coins are coming back and coins like XRP that are surging 50% or more in price and pulling
Money away from tether and BTC.
- People are looking for the next best coin to invest in that has the best possible gains and right
now Electroneum is one of the top coins that easily offer 100x, 200x ,400x returns without even
topping the coin market cap.
The bottom line is it is not just 1 thing that is causing our price to rise it is many many factors and we are
starting to have them all Aline for us. I believe we will see days that we have 100-300% gains, now when that will be, I could not tell you but at this point we are headed in the right direction and have seem to broken the downward trend in price.