One of the biggest factors of sudden rise is bithumb's listing? That rumor.
I have not confirmed yet another one, but there are rumors of listing on the exchange made by Kakao Talk.
Of course the basic performance of the coin is also good, and the version is going up steadily. Recently it seems that image-up with collaboration with other companies has been successful as well.
Noob question, but does it mean so much for a crypto to be accepted and/or traded in certain exchange markets? Makes sense, but I thought that market cap increase is usually caused by some sort of real-life event. Like when it turned out that at some places in Germany, you can tank your car and pay in Ether.
I think you are right.
However, in the transaction situation of the current cryptographic currency, reality is that the price rises also when new exchanges are set up and new coins are listed.
One of the biggest factors of sudden rise is bithumb's listing? That rumor.
I have not confirmed yet another one, but there are rumors of listing on the exchange made by Kakao Talk.
Of course the basic performance of the coin is also good, and the version is going up steadily. Recently it seems that image-up with collaboration with other companies has been successful as well.
Noob question, but does it mean so much for a crypto to be accepted and/or traded in certain exchange markets? Makes sense, but I thought that market cap increase is usually caused by some sort of real-life event. Like when it turned out that at some places in Germany, you can tank your car and pay in Ether.
I think you are right.
However, in the transaction situation of the current cryptographic currency, reality is that the price rises also when new exchanges are set up and new coins are listed.