Yesterday, Golem (GNT) saw massive hikes to nearly $.80 on Poloniex and well above $.80 on Yunbi. While many speculated about an impending brass update, or new-information that gives a value-added to GNT, neither of these were the case.
![Capture.PNG](https://steemitimages.com/DQmPFcn9esAGUbybHvJQEhsedr1KuhdGvtXJihUK4rdGJ1e/Capture.PNG)
While brass is likely to jump the price, there have been no updated timelines. Additionally, Golem is [notoriously close-lipped](P5KbYLy9PyYFg6597M3Yi6JBiMykqioRZBJ5Bg2ULm1wRVqYXikx) and any leaked information seems highly unlikely. 

So why did the price skyrocket, and why is Yunbi so important?

Yesterday, Golem was listed on Yunbi, a Chinese cryptoexchange for upwards of $.80 while Western markets held it at $.60. As a result, there was a buying and selling frenzy. The price correction was what we saw on Western exchanges, seeing GNT top off around $.75 and staying steady around $.60. 

What does this mean for investors?
1. **Follow the Chinese market**, if there's a spike in their market before ours, there's almost necessarily going to be a price correction, causing western value to increase. 
2. **Golem's new average value is steadying around .018/.019 ETH or $.67**, this is a good time to hold, though it may decrease slightly over the next few days.
3. **Don't fear buy**, many investors bought around .02/ETH, assuming brass was around the corner. Unless Golem releases new data, there is likely no correlation between market fluctuation and actual product development; this is to say: be weary of unsubstantiated increases.

But, with brass on the horizon, to my early investors I say:
![hodor-death.0.jpg](https://steemitimages.com/DQmYtWAcGn6VmGKt6gBwS27wvubcQJnxSSYSh93eBiJrNn3/hodor-death.0.jpg)