Spectrecoin a premier privacy focused digital currency that came onto the crypto scene in 2016 via one of the most successful ICO's to-date exploded in price earlier today after release of the article "A Small Crypto Coin Is Making Big Claims About a Private Proof-of-Stake" by Brady Dale (Read the full article here http://bit.ly/2vggN7A)
From January, 2017, to January, 2018, and only days from it's first anniversary of being traded on the open markets, Spectrecoin exceeded many people's expection for the short term and increased over 400K%. Then the recent crypto winter came and like bitcoin, Ethereum, Litecoin and others it saw its price plummet. Well, the market has turned.
Prices surged to $0.422358 earlier today, at the present time the price is
Spectrecoin has a lot of news here lately. Prior to today's news by Coindesk The Dev Team at Spectrecoin updated everyone regarding a mandatory wallet update and an August hard fork. With the hard fork comes a 1:1 ratio of XSPEC to WISP.
On a side note, any one that has been in the crypto world for any lenght of time knows that there is a symbiotic relationship between Bitcoin and altcoins. Bitcoin price has reappeared above the $8,000 mark and could be forming a bullish pennant. If price rises, in the case of Bitcoin normally substantially, then ordinarily the price of altcoins is effected. If Bitcoin is headed back up then Spectrecoin's price will see that effect it.
For more information regarding WISP:
https://twitter.com/WISP_Project?lang=en
https://bitcointalk.org/index.php?topic=3371587.0