3 ms·

It wasn't up 60%, $250 was a nonsense bottom of the range number they use because they have to pick something. Nobody could buy at that price.

• svachalek 6y ago
  Exactly. The last sale before it hit the market was... can't find the number but I think $340. So $250 was clearly a number invented just to create hype.
  • akvadrako 6y ago
    I don't think so; I read that $250 was created by the exchange using a formulaic process.
    • dahdum 6y ago
      It's meant to be the very bottom of the range, so it might be formulaic but it's not intended to represent the actual value at that moment.