Your history may be inaccurate. I believe the coin launched on another exchange prior to Poloniex, that exchange was hacked, but prior to the hack the price of UTC hit closer to $1.00 (maybe peaked at $0.92) can anyone refresh my fuzzy memory on this point?
It was on Crypto-Trade before any other exchange, Feb 7th I think. It pumped up to ~0.00148BTC if memory serves, which was right at $1USD at the time, as that was the target of the pumpers. (BTC was over $700 at the time.)