Does this particular coin trade enough volume for something such as a correction to take place? Corrections are generally the liquidation of a market saturated with stop orders. The people buying this coin are not "trading", but most likely "investing" in the coin. They are unlikely to fill the coins market with stop orders. The market would mainly be made up of incoming buy orders and panicked sell orders!
Just my immediate thought on the situation! I appreciate the post...I'm definitely going to look into this coin now! I'll follow you and hopefully catch more investment, trading, money, coin, etc posts!
In reference to the person who commented first on this point...its amazing how many followers these people can gain just by copy and pasting the words "I followed you, follow me back" kind of thing. The mere suggestion to people to follow them back has a huge impact on the amount of people that actually do follow them back! Just a thought.