I doubt it is organic. It shot up too quickly for it to be natural and there was no announcement or reason for it to suddenly attract interest. When I replied to your post, it had 6xxx sell orders and 2xx buy orders. The prices have dropped, and the sell orders are now at 11xxx and the buy orders are at 1xx. A person or a group bought a lot of the coins, the market saw this, threw money at it blindly thinking it was going to make them rich, then that person or group sold the coins at a profit.

Basically, a lot of people just lost money while a person or group made some good money for a day's work. I am fairly certain there has to be a stock market phrase or name for this kind of event, but the people who are investing in coins at the exchange do not seem to understand how a stock market works.