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Two days ago RussianMinerCoin RMC, the cryptocurrency was less than $1 for a coin. This morning it was 22k per coin and right now its 29.9k. Tf is going on with that? Whoever bought those a few days ago has now probably made a huge change in their life.
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From what i could gather with a quick google. Bitcoin mining was just legalized or something in russia. Like couple days ago. So im guessing once that news broke, EVERYBODY that heard it started scooping up all the RMC they could, it was a very limited amount of RMC availble i think, so that made it even more wanted.
That company RMC is going to be building a huge mining facility and anyone with those coins will get a percent of what they mine. Something like that, thats what i read. Shits insane tho, wish i wouldve been in on the news.
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It will probably dump hard leaving people jumping on the bandwagon late with huge losses. I have seen groups out there that specifically pump up crypto coins to dump on the people that jump into it trying to make a profit.
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Yup, if u watch the graphs u can see it lol.