Post
Topic
Board Announcements (Altcoins)
Re: [ANN][LSK] Lisk | Blockchain Application Platform for JavaScript Developers
by
bticgoinsuxial
on 02/04/2017, 19:29:37 UTC
Quote
LISK was trading below 10K when BTC was hovering between $1100 and 1300.
With the price fall of BTC, all altcoins gained a lot of value.
Now, BTC is getting back on track, dragging all altcoins back in price.  
Keep a close eye on BTC. In case of a strong BTC correction, LISK will hit previous lows.

The reason why Lisk gained its recent value was not because of BTC downfall.
And no. Lisk will not hit the previous lows. Keep dreaming.

And what is your vision on the sudden price increase of LISK?
Was there some inportant news i missed in the last two weeks? And did LISK not follow the same pattern every other altcoin did?
  

The main reason for the price increase was hype.
Lisk went to the top 5 coins in trade volume on poloniex during the pump.