I've been watching Lomocoin for about a month now.
There has been steady volume of about $100,000 to $500,000 every day with spikes into the $1 million plus area,
and usually more buys than sells.

Honestly it looks like someone was accumulating coins slowly.
Maybe someone with insider knowledge?

If there is some more good news about development/ partnership price could definitely hit $0.1 by the end of summer.