maybe,
you mean from the ICO/IPO price???
on c-cex i don't see +500% from the beginning..
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FQL8q597.jpg&t=665&c=tneBxa6-MK7EjQ)
From low to high in 4 weeks, actually more than 500% when you take in inflation of 50% more Coins during those 30 days as well, I don't think you can really count the initial pump of price discovery.
There was no ICO/IPO
Mudda had a 50K premine for making it, in the original ann topic
https://bitcointalk.org/index.php?topic=912034.0he said he couldn't keep going, I decided to make some changes to it in order to improve it, changed the rewards, the difficulty, added a few features, got some social media going.
Market isn't that big yet but can easily find more uses in order to create more liquidity.