If you look at the charts Torcoin is bound to shoot back up just like Litecoin did last night. Both coins were testing support levels for nearly all of yesterday with no one buying, then last night litecoin broke free and everyone bought on the way up. No reason Torcoin shouldn't do the same. I'd get it now while it's cheap, I have.
Be careful comparing litecoin to torcoin. Litecoin has a massive market cap, millions traded daily, a community and genuine use cases. Segwit maybe one of the reasons for the run on litecoin. That's why I bought last week, not last night.
Well not only litecoin but look what a lot of other altcoins did. They hovered around their 1 week lows for a day, then everyone all the sudden bought on the way up!
bitcoin and eth at all time highs yesterday/last few days......early investors in these and then bandwagon jumpers is the reason for the increase in price across all cryptos......scams and all. Doesn't men you should pile money into anything. Do a little research before you give away your money, please.
Unlike most other coins, TorCoin has an extremely unique NAME, a very unique and also simple/easy-to-understand NICHE (anonymity), a low total coin supply (12 million), and a focus on end-user usability.
This is what gives it a big advantage over other coins.
TorCoin shot up to $10 within a week of its ICO until it crashed back down due to the original dev (Carsen) dumping his coins - Carsen is long gone from the project, thankfully.
If he hadn't dumped 50k coins on the market, TorCoin would still be at $10 or more. There is no reason why TOR can't jump back to those levels once demand fully absorbs the coins that he dumped.
Take a look past the top 10 coins and you see coins like 'GameCredits', 'Stellar Lumens', 'SexCoin' and 'PotCoin'
These coins are jokes and they have multi-million dollar market caps. TorCoin is better than all of these coins by a significant margin, simply by the name and branding alone! Not to mention the coin itself is better in its functionality and end-user usability, confirmation times, etc.