Can someone explain what is the case with Ethbits

[nashap]

Hi, i look at the full list with of currencies in marketcap and there is this coin Ethbits with 40 000 % for 7 days ,could someone explain what is the case with this coin.At the begining 2 mil. markcap then around 7 sep. 1000 markcap and then huge burst.

[neinnein125]

Looks like someone pumped and dumped this coin multiple times. I don't know for sure but graph looks very weird and its pretty much overpriced coin. Also it was rebranded so that could make difference.