Since I made that original post, the Horizon action has certainly picked up - more volume-wise than price-wise. For perspective, here's a screenshot of Horizon's all-time performance on Polo. This chart goes as far back as the beginning of June 2014!
Daily volume has hit almost 20BTC, which is huge for Horizon. The last time its daily got that high, a pump was coming to an end.
That's quite different from now. The
price change is a little wee blip on the chart, signifying a possible turn of the tide after a long downward slide - or maybe not. It could have just become a pumpers' plaything.
In fact, the pumper-plaything reason is probable: quite a few low-volume also-rans have been pumped recently: some quite furiously. As I write this:
- Aiden - ADN - is up more than 1300% on more than 400 BTC volume
- Gapcoin - GAP - is up more than 200% one more than 75 BTC volume
- Coin 2.0 - C2 - is up more than 270% on more than 35 BTC volume
- Moneta Verde - - is up more than 225% on more than 20 BTC volume
- Silkcoin is up more than 43% on more than 7.5 BTC volume
- Cryptogrphic Anomaly is up more than 60% on more than 5 BTC volume
Polo's list will show more like the above. It looks like some of the pumpers who've been taking money out of the biggies (ETH, BTS, FCT, and more recently SYS & DGB) are looking down the Polo list and pumping coins that have been also-rans...until now. That's the most sense I can make of it.