Yep. I get it "newby" "FUD"...etc. I have been watching this whole paccoin thing explode all over the net. Just wait to buy until the whitepaper release if you want buy. Right now the coin has bad code, bad wallets, secret devs, and a marketing manager that can't even do a live-stream (lets all forget about his FB pump and dump pics). So far the only people promoting this coin are youtubers and twitterfolk who have advocated for the pump and the dump (read some of the comments by the early investors). The big twitter promoter's last live-stream said the value was rising but completely ignored the fact that this was in relation to the rise in value of BTC. If you are new here, consider it a no go until further info is available.
I don't know about that. The USD, Doge, and Ethereum markets has completely recovered to levels 24 hours ago....and still rising. They've recovered to just under 1 sat levels again. The charts clearly show that it's not rising merely just in relation to BTC markets.
There still appears to strong support for this coin by it's community, which is why it recovered practically in an instant from earlier today.
It's possible that it may be back to the high levels we've seen today by tomorrow. Who knows? We'll just have to see.