Today proves to be a very interesting day for holders of coins and tokens most other enthusiasts have never heard of. Ubex is a relatively new token which is currently going through a massive price uptrend right now. Over the past 24 hours, its value has gained over 500%, albeit it seems that may be due to an exchange bug first and foremost.
It is not uncommon for cryptocurrency speculators to get excited over new tokens when they hit an exchange. In the case of Ubex, the price has seen a bit of awkward momentum over the past few days. A massive spike several days ago was followed by an even steeper dump. That is not entirely abnormal, as that is how most altcoins tend to evolve over time.