does anybody have a reasonable guess as to why the price is on the move? Feels rather like a pump -_-.
There could be several reasons. Pump would be one, but I believe china is a big reason and azure brought some attention. China is trading at about 7 CNY = 1.08 USD. The price at polo is at about 0.63 USD. Means: There will be a lot of arbitrage.
And: The potential is great. Only 8.7 Mio total supply. Marketcap is at $ 5,594,663. Compare it with Ethereum: $ 68,884,533
There are a lot of reasons for higher prices. Just some days ago I've said that it's totally undervalued and I believe that it did not get the attention it deserves. So, call it a pump, I call it a price-correction. ;-)