Anybody knows what's happening to regal coin?
I understand it's a dead coin but the price has jumped in the last 5 days from 20 cents to almost a dollar before hovering around the 50 cents mark.
Is somebody picking it for a revival (in a manner similar to hexxcoin) or what's happening?
Thanks
No idea. Definitely not because of a revival of the ponzi, though.
It may just be people that are either buying out of ignorance because they think that the entire scheme is still going to go up, or just pure speculation where people buy in hopes of other people buying into the hype after them.
Nothing major. Lending coins are dead. Bitconnect, Regalcoin, western coin, you name it. Ponzis are ponzis at the end of the day.