And why it is rising? Because the coin swap is going as planned, and will soon be listed. People expect a higher price than the lows we have been and therefore is buying. There can be a pump of the old coin, there can be a pump of the new coin. So buying now gives two chances, and supply of old coin is lower as people continiue to swap.
I AGREE PRICE OF OLD ETHD IS INCREASING BECAUSE OF LESS SUPPLY AFTER SWAPS BUT ALSO BECAUSE OF NEW INVESTORS PUMPING IN BTC,OVER 83BTC PUMPED IN OLD ETHD AS OF NOW