This is what happens when whales feed themselves on massive accumulation. Classic pump & dump.
Since not only the $PPCUSD but also the $PPCBTC ratio is looking extremely ripe for a significant bull wave (MACD about to cross, KDJ indicator hugely oversold and of course a bottomed out RSI) I would consider it a safe play to invest in PPC.
This chart comparison; $PPC vs $KBIO is not of any relevance. It is in contrary to show how big moves can be even in common stocks. The extent of the pump shows massive accumulation over-time by whales, which currently can be applicable to Peercoins' chart history. There may soon be an end to the dec 2013 downtrend that has set forth untill now.
Since not only the $PPCUSD but also the $PPCBTC ratio is looking extremely ripe for a significant bull wave (MACD about to cross, KDJ indicator hugely oversold and of course a bottomed out RSI) I would consider it a safe play to invest in PPC.
This chart comparison; $PPC vs $KBIO is not of any relevance. It is in contrary to show how big moves can be even in common stocks. The extent of the pump shows massive accumulation over-time by whales, which currently can be applicable to Peercoins' chart history. There may soon be an end to the dec 2013 downtrend that has set forth untill now.