PlusOneCoin (PLUS1USD)

[Mokyo Toe]

PLUS1 on a run...

Since April, BTC has lost a third of its value, dragging almost every cryptocoin in the universe down with it.

One of the very few exceptions is PLUS1, which is up 500% since late March, and is up 60% since last week.

At Trade Satoshi, the bid/ask is now .00000540/.00000599 BTC. The bid has not been over .00000500 since March.

It is clear that someone, or more likely a few buyers, have been buying these up on the open market all month.

To put this into perspective, when we were getting 60 coins a day, they were worth about 90 cents. Now we only get 25 coins a day from the same faucet, and they are worth almost the same.