1) The market is going crazy for indian coins
2) The coin is valued 1000 times less than Rupee coin, despite having better capabilities
3) The coin has still not been announced on coinmarketcap or listed on Bittrex
Thus, the current valuation at 0.0000002 BTC is simply crazy (at least in my mind).
Let us all see. Does this new India Coin have a whitepaper? Or at least a website where people can check it out? I think I only heard about it here. There is no ANN thread for it also, right? Investors might also be supporting the coin if they can read information about it.