Why the price increase?

I see a 20% price for Chia today… Any news as to why?

Check this: https://www.reddit.com/r/chia/comments/pihd5o/chia_xch_finishes_the_day_with_the_highest_buy/

The dumping stopped.

Nobody knows for certain, just as we don’t know why there was a huge dump days earlier. But, perhaps people are starting to put two and two together…

1 Like

56k? Okay for us, I guess :stuck_out_tongue_winking_eye:

1 Like

Bit Coin is pumping an It make xch value be affected. Nothing new.

1 Like

Usually, most altcoins just shadow BTC’s movement. BTC has breached and stayed over $50K within the last 24H and this positively affected the whole market.

1 Like

XCH seems not closely following BTC as others

It’s true. If BTC up XCH up only a bit. If BTC down a bit, XCH down a lot.