Powerledger is a great project with a great advocacy. Their government is now supporting that project. I would wait for a few more weeks and observe the movement then will decide if I will hold it longer. WePower also has the same concept, and I think it's going to be a great crypto. Developers for both are really active.
Wow, it is great that this project is supported by the government, just like the NEO, I have heard it is supported by Chinese government. Maybe that is the main reason for exploding.