That is Bitconnect.......Not Bitcoin Cash. I wonder if the ex-Bitconnect members are self perpetuating this coin. What do you think?
Some speculators can't resist.
I remember in the days leading up to MtGox collapsing - people couldn't withdraw money, but there were speculators willing to buy their accounts because they believed it wouldn't collapse and they'd get something.
There is always a group of people willing to take stupid risks.