Lol, all-time high was at $100 and it all happened in the very first minute of listing the token. Just check out Binance charts
It's just another pump and dump token. Lots of people lost money in the first minute and I have seen them complaining in Binance chat channels. Imagine placing an order at $10 market price only to have it filled at $90 and then the price drops back to $30 within minutes.
I have seen this happening with almost all coins from the launchpad. Coins get pumped and dumped like crazy. This is one of the reasons, I only work with limit order when I buy crypto, to avoid situations like this.