I think factom is coming to binance, bithumb, okex, huobi anyone of these exchanges and this is why the price is going up due to accumulation! I am doing the same because this kinda price rise happens normally when some crypto is near to be listed on some big exchange!
It's fun how people still think that getting added to a new exchange has anything to do with a price rise. Factom is an old project and the team worked hard during the past 3 years, the rise in value is given by the true value of FCT project.
One cannot overlook this factor, It usually does happen when some coin is about to be listed on some exchange, No matter what exchanges say, Their insiders accumulate and then sell the news! I am very much aware that factom is an old project and its team has been working really hard! Every market is based upon speculations, You cannot know for 100% that this is why price dropped or this is why price upped but you calculate all the factors based upon company's performance and their future advancements!