ya and i think the price change was delayed.. when the reward was cut nothing happened and it had to sooner or later right ?
I don't think that's the cause if the spike. Reducing supply (inflation) is a huge move for any coin but even then, an increase in demand has to occur to maximize the potential.
Just look at other coins which cut back supply by massive amount: NAUT, Casino, SMART, etc., - their prices have been stagnant and will continue to do so until demand picks up.
That said; once demand ticks up - these coins which cut back supply and dilution - will see a much higher spike in price than coins which kept their massively dilutive rates.
So this is a good time to buy up any coins which have done huge supply cuts and are still being sold at ridiculously low prices.
As for Max - I think the spike was a test run to see how much powder would be needed to move MAX above the $1 range. Given the current inflation is much lower this test made a lot of sense.
So next they're either gonna cut the subsidy again (a third time) or they'll get the real pump going which should feed off some mainstream event - like GoCoin adding MAX [which is what I expect will happen].