RaiBlocks Incredible rise Analysis

in bitcoin •  7 years ago 

Raiblocks is a cryptocurrency designed to be a low fee crypto and fast transacting.

They had a coin distribution through captcha solving (such an unique way to distribute coins).While the distribution the price didn't go higher than 0.12$ per coin.

But,when the distribution phase came to an end,the price incredibly rised to 15$!

Let's see the charts:
Screenshot_167.png
As you can see,early May,the price was 0.009$

Screenshot_168.png

Now it's 15$,that's insane! That's roughly 2700% rise! (That means if you invested 10 bucks when it was 0.009$,you would have now 27k$!)
I wish I had put my money on it back then.

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