Looks like there is some logic behind the recent PayCoin madness.

GAWminers is launching a new coin with the biggest ICO ever and this coin will be called PayCoin.

Would you want to launch such a massive project and have a competing coin with the same name get in the way?

So I think GAWminers is the one buying up all the PayCoin now to retire it, kill it or to buy out all the investors and maybe merge it with their coin so there is only 1 PayCoin.

It could be speculation but I doubt it cause no speculator would pay 15 times the currency market price.

Like I said last year, buy coins with great names and make a killing when they're taken over.

Cheers!