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RE: KABOOOOOM!! IOTA SURGES to 860% PROFIT!!! @haejin recommended IOTA 28 days ago at $0.38 and price surged to $3.27!!
FOMO and/or bitfinex pumping up the price with made up tethers. The first IOTA run back in August also came out of the blue and fizzled out quickly. Don't underestimate bitfinex manipulation.
I seriously doubt bitfinex has the capital to manipulate IOTA from a market cap position of 8th place to 4th place. It takes serious serious cash flow to make that market cap change.