Half of the PPC available for sale on BTC-E have been bought up in the last week, I'm surprised the price hasn't skyrocketed up even further. In the last week, Sell orders dropped by about half, and Buy orders have more than tripped.
Btc-e is currently the main market maker for ppc, so basically half of the entire market for ppc was just bought up this weekend.
And since Sell orders are down, it means those coins that were bought up are not showing back up for sale again.
It could drop back down again like in the past, but I think this time it's different. PPC is beginning to establish itself, development is actively underway, people understand the coin better, therefore I believe this isn't your typical pump and dump, but is making an organic rise up from strategic investors, and people who have more solid belief in the coin overall. PPC should continue to gain momentum as time goes on, as people realize it actually has true value and benefits over and above BTC & LTC. I would not be surprised if PPC continues to rise. It strikes me as a similar comparison to where Bitcoin was in 2011-2012. We could see a spike to as high as $3.00 usd, then later a spike to $30.00 usd, just like Bitcoin did.