70% of it traded on exchange operating from a shed (poloniex) that offers no other significant coins and has no history, credibility, or reliability
LOL
Bullshit. Poloniex has good history of reimbursing hacked accounts, has the best interface for trading IMO, and it's not buggy as some others.
Bullshit.
Poloniex is barely known exhcnage. Only people trading Ether know it, and thus the scammers promoting it.
Poloniex is not a player when it comes to exchanges. The volume is faked and they have not provided any proof for it.
Poloniex --> shady shit exchange.
It suddenly came out of nowhere and most of its volume comes from btc/eth . Literally none of the exchanges that matter carry this shit coin.
You may be right about the fake volume. The fact that ETH volume is more at Poloniex than Bittrex is weird.