I did hear something about this earlier but I am wondering why there was such a spike in volume on 2nd of Feb, this is when they were listed on Bibox? The volume is only 4 times smaller than the overall market cap.
Yeah, that was because of Bibox listing. I hadn't heard about that exchange site before, but it turned out to be pretty good and user friendly (I now think it's better than Kucoin and Cryptopia), and has nice volume. The spike was also because Bibox made a promotion with bonuses for the people that traded the most those days. Before that, it was only listed on EtherDelta and ForkDelta, so it had a volume of like 100k/24hrs and now it's stable arround 2-4m/24hrs.
I'm a member of their telegram group and the CEO sometimes shows up there, and their support there is pretty good comparing with other projects. They said that they already applied for Binance and Kucoin (could take a while since listing depends on the exchange sites now, but it could probably be on Binance by march-april). Product launch on march 31st.