WEMIX gains 200%+ after stablecoin and boosted staking rewards announcement

New partnerships, a mainnet upgrade and plans to launch a stablecoin appear to have triggered a 200% rally in WEMIX price.
Source: WEMIX gains 200%+ after stablecoin and boosted staking rewards announcement (https://cointelegraph.com/news/wemix-gains-200-after-stablecoin-and-boosted-staking-rewards-announcement)
Would appreciate your opinion about this