Factom is swimming against the waterfall
Take a look at the recent 1-month graph of Factom, what can you observe? Yes, it is complete the upside down version of the whole crypto market or any random crypto!
A couple of random coins could disobey the overall market trend either up or down. But I rarely seen something rebellious like this, Factom has been rocketing despite its peers were swimming in a straight down waterfall.
Searched through the Factom Subreddit, I don't find any significant news that is sufficient to explain this weird bull behaviour and the only interesting thing I could find is the GIF below that pretty much sums up what Factom is all about recently.
Trading market is never a reasonable place, especially the crazyass crypto.
Posted from my blog with SteemPress : https://fr3eze.vornix.blog/factom-is-swimming-against-the-waterfall/
What the hell is factom doing? Lol...I haven't looked into this since i traded in the early poloneix days haha
I'm not sure. Ut being the only big green listing in CMC consecutively has bugged me for quite a while too.
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They are a blockchain-as-a-service company. Read somewhere on Twitter that they have 2 new customers using their platform which is already live.
I read their whitepaper, their tokens are used for transactions on their platform. However, there are skeptics that are saying that the tokens are not required. So I don't know who to believe. Lol..
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Thanks for the input man. I've read bigger development/good news on other projects but none has disobey the BTC trend, which is going downward. So I suppose factom just got hyped somehow.
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