My guess would be its a hit it and quit it scam coin and once the hold period is over with, prices will probably be 1-2 sats. Then the devs disappear and never work on it again.
just saw UBIQ being listed in yobit,what is the situation,anyone investing in this,is it a good one to enter now or is it a coin that will disappear soon as @tomahawkeer mentioned.i dont want to mess up again trading dump coins since i am holding a pretty good amount of coins in yobit,which promised to bloom and just dumped hard after quite some period. i want every experts review on this coin.