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I believe it's closer to its true value but for the life of me can't understand the sudden price spike. There must be a lot if buyers coming from somewhere suddenly to make the price climb so quickly. But where are they coming from?

China!of course china!

What about China?

haha,it's chinese power

If that was true there would be a spike in sign ups and there is no spike. The money is coming from buyers not new users. Very suspect.