Topping Coinwarz again. Difficulty is going to nearly double in 12 blocks.
Prepare for another surge!
could you please explain, what the difficulty got to do with the price of the coin?
and if, why did it dropped so fast 2 hours ago?
In general... higher difficulty precedes higher price... obviously there are other factors (a slow exchange, groups of bagholders dumping, etc...) but in general, difficulty does influence price because if its harder to mine is worth more.
Price dropped so fast earlier because it climbed so fast. Then some weak handed holders dumped.