Hell yes those are fake volumes. And you can see those things in many shit exchanges like Exmarkets, Coinbits, p2pb2b, Probit and more. Sometimes i also try to sell some new coin in new exchange and that shit happen every time. People don't use those exchanges for real trade. Those exchanges just for shit coins. It's better be wait sometimes if your holding good coin so don't try to trade there otherwise you'll lose all of your asset.