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MOONs recent price spike

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by COINS NEWS 118 Views

Hi all, I was checking how the coins in my watchlist were doing and noticed a huge spike in MOONs evaluation: it jumped from about 0.208 to 0.235 usd in the last 24h. Is there a specific reason for this increase?

Considering the general bearish situation of the market, what could have caused such a trend inversion for our beloved token? I read something about Kraken burning some MOONs for a banner, may that have caused a FOMO chain reaction?

In general, I noticed that recently there started to be a lot of attention around MOONs. I just fear some "dogecoin effect" where the coin was pushed basically just for the lulz with no real intention of using it.

What do you guys think?

submitted by /u/Elros217
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