New Economy Movement (XEM)
My comment:
As BTC was rising strongly to almost 12k USD, all the altcoin market was decreasing in prices. Looks like the market is back to normal swings, when reacting vice versa to BTC price movements.
XEM is getting the momentum in terms of volatility. Last 24hrs alone, the vol increased +200 BTC / 24hr.
Some strong one time buys starting appearing, that shows confidence in the coin, as bigger whales are buying XEM, to hold it or expecting the price to rise, and then sell for profits.
I am hedged my XEM against Bankera coins and Euro, so I am waiting XEM to rise at least to 4800-5000 satoshis, and then I will purchase some more BNK, because I will be able to buy more of them.