Cryptocurrencies

Why is Bitshares Spiking? Up 25+%

Bitshares has been up as much as 30+% today on some MASSIVE Volume. I have been a big proponent of graphene based blockchains because the ability to scale and how quickly they can move transactions and confirmations. Currently bitsahres is trading over $0.063 and one of the biggest movers on coinmarketcap.

Does anyone know the reason for this spike? Was their news…or are people just getting smarter? 🙂

Granted the level is 20% from where it was a few hours ago, you now have a MASSIVE level to hold long against.

If you have any ideas for this move, leave it in the comments.

UPDATE: It appears this may be the reason…

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