Peseta Coin PTC is up 61% on Bittrex

This one came out of nowhere; never even heard of it before

Trading at 0.02 USD or 0.00000650BTC on Bittrex

Created by CryptoMP

Goal is to be the most widely used crypto in Spain

  -not only online payments but brick and mortar stores

Total of 166 million coins in circulation

POW; proof of work script

1 block generated every minute

  -10x faster transaction times than bitcoin

Each block has difficulty adjusted using "Kimoto Gravity Well"

  -Each block has a reward of
  -Block rewards are halved every year

I thought this was a P&D but after research it looks solid

If you have any feedback on this coin; please comment below