Veritaseum is the brain child of Reggie Middleton an entrepreneur that became fairly famous for predicting the stock market crash back in 2008. Now he has this coin the rides on the Ethereum blockchain that Jsnip4 and Clif high have been hyping up since the ICO back in May. During the ICO this coin was trading at $3 now it's trading at $150 it has to be the best preforming crypto in the past 30 days.
The problem I see with it is the fact that Jsnip4 and Clif are pushing this thing along with Reggie but he's to be expected. Also, this coin is only trading on a small exchange called EtherDelta and there's no real news out there about this coin. I don't even know if it's used for anything other than just speculation.
So it's getting hyped up by some fairly popular Youtube people (I forgot to mention Bix Wier is hyping too), it's on a small exchange so not many people trade it and there's not much news about this coin in the last few weeks. It seems to have all the characteristics of a pump and dump.
I have a feeling when this hits a major exchange that it's just going to implode and these youtubers are gong to have some pissed off subscribers.
If anyone disagrees and knows why this coin is trading at $150 please share it with the rest us.