New large buys at BTC-E collapsed the 0.002 BTC/PPC wall. PPC is now at 0.00214 at BTC-E, briefly touched 0.0022. PPC is now 30 USD-cents worth, like it was for most time in the bubble in April.
Very interesting is the bid/ask ratio which is pretty similar to that of LTC, although LTC has nearly 10 times the per-unit value than PPC.
Ask: 541895.75 PPC / Bid: 1159.81 BTC
Ask: 532733.44 LTC / Bid: 1417.63 BTC
Now: Is this a bubble / pump&dump or the long awaited upside correction? I think that long-term it will go up further, but for now possibly the rally is overheating a bit. Stay careful.