Price is most likely rising because Abi is buying them up himself in preparation for his next "news" announcement so you all can start throwing your money at him again. Next he will be asking for all of your house and car keys. After that I heard Abi will be asking for organ donations and I'm some of you will happily oblige.
Also to the people saying he has made 500k or something so far with the tokens he is selling remember this is the second coin he has done this with. He has made millions of dollars with the bare minimum effort.
Sold first coin that peaked at $5 > got people to literally send him their coins so he could sell those before he switched to the ERC20 token > now has been selling all his tokens. Wake up people.