Sportstalk tokens jump 120% in a day

In an interesting development with #sportstalk sports tokens which were hovering close to 0.0003 price levels for couple of months suddenly saw a increase of 120% in the prices on leodex and hive-engine.
Sports became a pumped token after the growth in the prices of Bitcoins have cooled down a bit.
Its interesting to check where does it go from these price levels. Generally, when prices grow up so much selling pressure starts building on the tokens. Investors sitting on fence start selling it.

Its a cautious situation now.It would be interesting to see where does the prices flow, if it breaks the upper levels of .0006 once again, it is likely to grow up.

Its worth mentioning that there were certain changes proposed by sportstalk community. These proposals were accepted by the community and integrating archon infrastructure was one of the most talked proposals.
Fundamental rallies go long way, changes in proposal is a positive development but to get supply side strength to the currency is a very important aspect

Posted Using LeoFinance ^Beta