Look at UNO over the last 2 months. Explain that rise when nothing ever has been done since wolong wrecked it.
coinex dumped stolen coins (uno) on the market from march to july - more than 9% of total supply. That's why it was going nowhere all the time. Not everyone knows that. Uno never was 'wrecked' technically. Just the market - not even by wolong but by coinex. This is info only people paying attention have. This rise is pretty natural and very much anticipated. It'll be permanent. Nothing wrong there. It's rising the 5th month now btw - not only two and i think we aren't done yet.
Uno is concept 'less is more'.. It is already very perfect from the getgo. There were never much changes necessary. Never a hardfork - this is also pretty rare. It's not the hype-driven in-the-constant-need-to-release-new-features-coins. Uno is doing all it should (preserve wealth) and it's running. Uno just needs be running to be sexy - not more.
Huge advantage in these markets. There is also not much competition in its field, but most people prefer anon-coins these days. Demand is what most look out for not low supply. But both makes the price.
The performance uno showed during the past year in stability (always 2$ worth at least) is unique in cryptocoins. So is this almost halve a year long very slow rise. Take a good look at it. This is not one whale pumping it, this is the actual free market exploring price of the scarce coin - to what i know, and i watch that market longterm now.
Uno is the only coin i know of that didn't loose people money that were holding on to it all year. Almost every other coin lost you money if you held it during that time. So please try to understand Uno was massively undervalued - the low inflations makes its volatility very low too. It has best properties of all coins i know of to store value (has been prooven over a year) and also for merchant adoptions since they demand low volatility. These markets fully lack any permanent dumping-action from miners or large minters now which everyone around here is pretty used to in other coins. Trades like a charm
Again: that rise was anticipated and is fully rational since supply is very low now.
Offtopic here. Come over, check the thread. Community is less toxic too than what you mostly see around here on the boards. Pretty chilled out in fact.
Holding Uno longterm makes sense in my mind. I never had a problem with that.
(had to leave the response after seeing the comment since ya know, can't leave it like that
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