DODO is an exchange site. It will surely rise up as people tend to buy DODO to get discounts from trading. Another thing exchange site's own coin is a good investment. Just take a look at BNB, before I just ignore it , I wish I bought huge BNB while the price was still $11usd.
I am trying to analyze what causes some coins to rise in price more than 10% in one day, while no announces actually happen.
1. It does not look like a pump and dump, since the price is growing gradually during the day, not in one minute and not dumping quickly.
2. There were no news on Twitter, media or coinmarketcal.
I will provide couple of examples:
1. DODOBTC - Today - 16 July
2. DODOBTC - 11 July
3. DODOBTC - 6 July
4. EPSBTC - 15 July
My best guess is that it has to do with some technical analysis that causes whales to start buying and this is causing some chain reaction, however this is just a guess.. Would love to hear your opinions.