Steemians,
The Polybius (PLBT) Tokens saw a great increase of 36.71% today, rather than following suite with other crypto assets, which could indicate a strength in the position (or a manipulation).
Polybius, the project aimed at creating a regulated bank for digital and crypto currencies, gained a lot of support during it's ICO and has a current circulating supply of 3,771,087 PLBT yielding a market cap of 18,170,001.00 USD
The concept is progressive but could seem a bit over-promising considering what it would actually take to accomplish their desired mission goal:
Polybius Bank will combine features of modern banking, IoT, Big Data and Blockchain-based technologies while also meeting security and UX requirements.
The Digital Pass technology, developed by HashCoins and implemented into Polybius Bank, will serve as an automation and digitalization ecosystem, allowing us to not only integrate single companies, but entire industries enabling access to financial and industrial services in the same Pass, at a click’s hand.
Polybius financial services will be fully interconnected with international systems to respond to the transaction needs of our customers worldwide. If you have ever contemplated the inner workings of a bank or you are a fan of new revolutionary technologies, take a look at our Prospectus below!
-Polybius Website
However, whether you feel that this may be a price manipulation, it is hard to ignore that the PLBT Token is certainly shining on an otherwise dismal weekend.
As this project moves forward in it's young state, I think it certainly warrants a close eye.
What are your thoughts about this current break away from the market trend? I'd be interested to know.
@rabbt
This is just my personal opinion, always do your own research before making any financial decisions.