are you talking about this REMME project ?
https://bitcointalk.org/index.php?topic=2060387.0and this ?
https://coinmarketcap.com/currencies/remmeindeed it went up for more than 40% a day before,but how about right now ? it went down for more than 15%(in value).
which means it is on overbought mode right ? if it's on that phase,i do not think it's a good idea to invest our money into it right now.
(well basically everything is not good for now,and it's recommended for us to hold FIAT right now)
beside that it was not a well known project because i only heard it a few times and only both of us knew about it,right ?
REMME was not overbought but what you seeing is the up surge due to campaign awareness. Yes they have started various campaigns over this forum and thus it is creating good awareness amongst the crypto lovers on the forum.
REMMEwas invested heavily because ideally investors are seeing good future in it as the campaign and awareness for it progress. The hikes will be even higher than this because of one thing and thats more businesses are joining the
REMME Security Protocol. So it would be really beneficial to fellow crypto investors that take this opportunity to join. Though it has dropped again but thats just part of normal ups and down.