who cares many coins have had 10000% rises in just a few days. Vert is nothing special. Yeah it is not a scam coin like most released every day but really what does it offer over scrypt jane coins in real terms? and the name just flat out sucks.
Good marketing. Active dev team. Right place right time. Plus, none of the recent scrypt jane coins really pushed the ASIC resistant angle as much as Vert.
I recognize it's really nothing new but that's why it took off.
I wish the coin well, however i feel it will smack down before more steady growth. Could be wrong. Every half decent coin has its moment of fame, this is it. It is way better than your standard shitclone scam of course. However is it really worth $5? only the market can decide...let's see. I estimate it levels back down to $1 within a month. You are seeing panic buying i think at this time. I make bad calls daily but i would never pay more than $1 for this coin. I wonder why vert didn't start with a higher N factor than it did?