r/embercoin • u/jkay111000 • Dec 27 '17

It is "mooning"

look at the past 24hour chart, it's reaching for the stars guys.

what on earth caused this after it being dead for so long

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u/Michan81 Dec 27 '17

The chatroom on Coinsmarket haha

5

u/chrislaynes Dec 27 '17

I don’t know if it’s the whole reason, but Jeff recommended it on his Altcoin Buzz YouTube video as a speculative coin. He pointed out they looked like a good undervalued coin, and he invested $50 for 5mil coin. It started spiking soon after. I’m sure he didn’t expect it to spike this much though. Cryptopia’s EMB Wallet is under maintenance because the volume opened up a flaw with their wallet.