I was beginning to suspect the same myself tbh. The fact that this coin has such an absolute massive supply of coins and managed to hit over 3 dollars with such a short time being launched should be a obvious HUGE red flag. This coin does absolutely nothing new or innovative. It focuses so much on "rewarding the holders" that it has no real depth. Is the goal of this coin literally to generate more money to holders?? Makes no sense... Oooowee "smart hive" lol come on now.. It all seems really shady. The price surge happened due to exchanges locking up coins and deposits and what not causing people to FOMO buying overpriced coins (that the devs probably sold off) because the node calc says they'll "make $250" a day when in reality they'll be lucky to make 5 when the price corrects itself down to where it should be.
Yes ... promotors encouraging to HODL is a big LOL.
So is this their strategy to make it a mainstream currency -
by not spending on barter transactions
? ... that too
when it is supposed to be used in gracery purchases and retail transactions ... BIG JOKE!!
1. Smartnode to make instantpay to support smartcash to become mainstream currency. Look at smartcash roadmap to see detail
https://smartcash.cc/roadmap/2. Smartreward are stable price mechanism. You can spend whenever you want, we don't lock your money