Nah, it's worth to have such shitty coins to remind everyone how easy it is to fake price and market cap with low volume (and on exchanges with no fees).
Price on CoinExchange: $189.57 (no trading fees)
Price on C-CEX: $8.24
Seems legit.
If there is such a big difference in price between these exchanges wouldn't it be easy to make a profit by buying on the much cheaper exchange and selling on the expensive exchange? For that matter, why would anyone be buying on the expensive exchange? I doubt the exchange fees are $100 a coin.
Of course that would be true if we were talking about functional coin and proper exchanges. In this case:
1- price (~$190) was pumped on exchange with no trading fees. If there wasn't many active sell orders, anyone could pump it to any level buy buying/selling to himself.
2- I hear the coin's network is down, therefore you can't transfer between exchanges.
e-coin was the name of the bitcoin exchange WIREX. Some anonymous devs made this coin (probably in cooperation with Yoshit Exchange (Yobit) and that's also why nobody is able to deposit and withdraw because the network is just broken garbage while yobit owner and friends pump it since they own almost the whole supply.
...
Yobit would list any shitcoin, no matter how poorly designed for a fee. It's their business model.