There are no fundamental reasons for this coin to rise, except for this announcement from Karl Gray. However, just like in RISE. Someone has been buying a lot of start around 300-500 satoshis. Now the coin starts rising. The available supply is just very centralized atm. Very easy to pump for the whale that owns all the crap coins. At 10x the price he only needs to sell 11% of his stake to make a profit .