Colony with Green Candles

It seems that Arcadecolony new games and new development have effect on tokens that are based on games like Moon Karts and GLG and with the new rise of Stakeden as it is in the test phase but colony price is with continuous monemunt.

Colony is the Governance token of Arcadecolony and from few days I noticed good performance of this token as in last few days it has some green long candles and from a week ago its price rose by 200% and this is due to continuous development of the platform.

If you look at Hive Engine and Follow this token you will notice the new orders that be put every hour and trading on Colony is increasing day by day.

For today performance, It is risen by 10% in the last 24 hours and if we look at the orders, you can see that bid about 0.00134789 and ask 0.00149996 so the margin between buy and sell is decreasing day by day.

If you checked my post yesterday you could see that margin between two orders was 0.0001 and now 0.00005 and this decreases to 50% and this is due two continuous trading and buying of this token.

Chart as you can see is full of green candles and red candles is less and if it exists for few hours it moves in a slightly horizontal direction then green candle appears.