Using this buy in point and selling at today's price, you would have expected to net 15.14% PROFIT!!! IN LESS THAN 24 HOURS!!!
The increase in price may also be explained by positive developments including:
April 24: Ontology is ready to release its new consensus algorithm VBFT after the release of its first batch of open-source projects on GitHub. VBFT algorithm combines Proof of Stake VRF and Byzantine Fault Tolerance . This allows consensus to be reached among nodes faster and more efficiently and is a substantial advancement among current consensus algorithms.
April 25: Ontology (ONT) releases their (integrated development environment), Smartx.
It has been noted that almost all of trading (100%) for today is coming from Chinese exchanges (including Binance) suggesting substantial interest in the cryptocurrency in China.
What is interesting is that ONT remains in the green while all other cryptocurrencies have dropped in price.