The Chaincoin community continues to grow despite recent pump and dump opportunists.
Inspired by YouTuber "High on Coins", Max, the hodl movement community has dramatically increased.
HodL - hold on for dear life, is an experimental method to raise the value of an investment, in this case Chaincoin, through cooperation and investing as a community. When the price rises further, due to speculation of day-traders looking for quick gains, the Hodlers do not sell the majority of their coins.
The more Hodlers there are, that really don't sell in the short term, then cause a gradual rising of the long term trend price of the coin.
Hodlers should not be too concerned over whatever goes on above the floor price.
The main priority is that the support level rises, even slightly each week, in which case the target is achieved. This is why Chaincoin and other coins with communities interested in long term investment are on the rise.
It certainly seems to be working as Chaincoin is currently sitting at position 58 on the charts at coinmarketcap.com (previously it was at well over 100)
With Chaincoin, once you have enough coins for a Masternode, (which costs a fraction of whats needed for a Dash Masternode) you can then achieve residual income by supporting the Chaincoin network. Effectively making more money from Hodling - every day.
http://www.chaincoin.org/
Masternode stats - https://chc.masternodes.pro/
Update - I would exercise extreme caution before investing in Chaincoin at its current price. That's all I will add at this time.
Update 19 July
Current price settling down, its still early to say if pre-hodl investors (ironic!) will sell more or take profits on every significant price increase