Low volume currency , they can easily manipulate the price by giving fake trades and increase the price that way. Its not an honest trading views this just manipulated by owner or one of the supply holders so they can exit with high profit selling it to other traders.
No legitimate currency can give that profit in a day only shit coins do that.
So, If I want to invest in this, is it going to be a waste or I can have profit as well? Thanks.
First thing, you must do your own research. You can ask question like this one but never believe 100% any reply made here without doing your verification check. There are lots of altcoins that have 1000 profit but most of them takes more than months and goes up years to before exploding like that.
You can invest on those shitcoins but be vigilant because it is high risk high reward thing. If you happen to time them correctly, you can be a millionaire in less than a day, but if you are late then you can be a bagholder of millions of worthless coins or tokens. It is the timing that can determine whether your investment will go to waste or make a huge profit.