The coin is still rising up to now, current price is $310, it has a nice volume especially in MXC exchange, but not sure if this exchange is reputable or not. Per CMC, the exchange is listed with 100% confidence.. anyone here who are using this exchange? What can you say about the exchange based on your experience?
It was in CMC and that it pertains to something that this coin has market potential and investors are taking it already. The surge makes us surprise coz we are not expecting a new coin to show an impressive uprising trend and we thought that this is just hype.
It does not automatically mean that way, if you carefully looked at all the coins listed in CMC, majority of them has already failed, they are just waiting for an exchange to delist them and they are gone as they would lose their volume which is the only reason why they are still listed in CMC.