Populous rises more than 15% in price. What's behind the rise?

[valerie_zurich]

Populous (reaches 18 USD in value! PPT/BTC markets remained bullish in spite of most altcoin prices falling through the day. 24 hour gains above 15% src
What do you think is behind this massive rise? Should a correction be expected or does PPT have the potential to keep rising?

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[limmousine]

there are a lot of coins and tokens available today, but not all of them have increased and grown this year. I think populous is one of the great alt that continues to grow and keep going up and all this is proof of the hard work of the populous team itself.

[Raypok]

I agree that it is a promising project with good potential, the recent move comes with a lot of volume, can't find an obvious reason for this. Looks like a pump and dump group coordinated action!?

[Red-Apple]

What do you think is behind this massive rise?

despite being a high rank member you sound like you are new to this world.
this here is just another pump. every day  there are a bunch of altcoins that are getting pumped despite what other coins are doing. and then after they are done pumping (which is usually a day or two) they start their dumps and traders move on to the next coin to pump.
if you want examples then just visit coinmarketcap and see these coins every day. today's pump coins are: Protean, Farad, REAL,... and your coin populus is actually in red right now!

[kul0n]

I think the potential for growth of this token is quite large, we need тo hold it. If we talk about buying, then I think $11.5-12 is not a bad price to buy

[ashmodeus]

probably because the new update about Populous XBRL Platform
but i am not sure it's make price rise so quickly
then now ,
price going red
it's normal i think,considering all cryptocurrency going down right now.

[Jaycee99]

Like all cryptocurrencies the reason is the people. The people or more likely to say the investors it is because of tgem, they buy more and...

1. They hold it
2. They sell it
3. PEOPLE buy it.

Because of the 3 situations the charts come in to increase and can go poop like it depends on the different amount and scenarios.

[legenduim]

there are a lot of coins and tokens available today, but not all of them have increased and grown this year. I think populous is one of the great alt that continues to grow and keep going up and all this is proof of the hard work of the populous team itself.

Although Populous is not in the top-10, it is really very popular altcoin. The cryptocurrency did not show the great fall ever, and this year it can reach $40.