Just looking at the price charts on this coin and it looks like a MAJOR pump and dump coin. 20 million market cap to 11 million cap like 8 times in 1 day? SMH....
I caution everyone that is thinking of investing in this coin. Im sure its a great project but these pump and dumps will turn off investors.
This is actually just an artifact of averaging by volume the price discrepancy between the Jubi VRC/CNY market which has a consistently much higher price for VeriCoin with decent volume compared to the BTC markets. The price can't equilibrate due to regulations on BTC in china.
https://coinmarketcap.com/currencies/vericoin/#markets