There was a pump a few days ago. Pump is the exact word because this was because of a pump group. Maybe they chose to start back their pump. I do not know as I have left the pump group since they were posting too much a day for me, it was very harassing.
Thanks for this. TBH I'm not exactly sure I understand what a 'pump group' is/does. Is it a group that invests heavily in a coin to inflate its price in the hope others will too, in the hope of selling it back at the higher price?
The main reason is: low market cap compared to other poloniex coins, so more easy to pump it to high %. Thats why coins like those are choosen.