5% increase is not something you can make a good profit from for this penny because the fact that the news of this project is not very special and that is the main reason why FRM can not increase prices well in this time.
Yes, 5% price rise is almost nothing. These small fluctuations are always happening in cryptocurrencies. At the time I am writing this post, the price change in the past 24 hours is -6%.
I think we will have to wait for the big news and what I most want is to see FRM at other leading exchanges because currently only Bitmax is the only exchange I can trade.
I think listing on a new exchange can only cause a temporary price movement and only helps short-term traders. Thanks to Bitmax the current volume is 1.3 million dollars in the past 24 hours. However Ferrum deserves bigger volume, but in my opinion the current volume is enough as it's not a long time Ferrum token sale has finished. News about project developments makes me much happier than new exchange listing.
Market is improving greatly so listing at a new exchange could give the coin a new growth. All the information related to development is not of interest to people and that makes this project cannot developed well. Now FRM needs more new exchanges to attract the interest of many investors and if listed at Huobi or Okex then each update of this project will be very valuable if you choose long-term investment.