Classic pump & dump shit. Shooting up from 0.90 yesterday to almost $6 in less than 24 hrs. Fuckin' shit man. Asshole whales getting rich again.
When a coin pumps and dumps it generally lasts less than a few minutes, just a quick spike caused by hype & FOMO (or an announcement in a P&D group) then the whales dump it all.
In this case, the price got jacked up on this exchange because of a rookie mistake, someone filled an order 10 times the actual value.