Have not heard of this coin before.
Questions to ask.
1. What purpose does it serve. I mean what problem is it solving.?
2. Does it have its own blockchain.?
3. Who are the team behind it.?
4. Is it past ico for this project?
Will be glad if I can get answers to these questions
Q: What purpose does it serve. I mean what problem is it solving.?
A: Kindly read:
https://whycardano.com/Q: Does it have its own blockchain.?
A: ofcourse it has.
Q: Who are the team behind it.?
A: Cardano foundation, emurgo and IOHK, read:
https://www.cardanohub.org/en/team/ - well, it's good to highlight that IOHK is the engineering team founded by Charles Hoskinson.
Q: Is it past ico for this project?
A: The token sale started way back Oct. 2015, read:
https://www.cardanohub.org/en/genesis-block-distribution/All of your questions can be answered with just a little research as the info are public.
Usually price increases gradually but this coin got up more than 2000% in one month
What happened in the last one month to put that push though the coin was started in 2015?