Beware of e-coin (ECN)

In the past few weeks, I have seen this coin come out of nowhere, and jump 1,000s of %, even into the top 100 coins on CMC. Today it is up 2,000%. The last time this happened, I watched e-coin jump up 8,000% with a 10 hour period! Then suddenly, it disappears. E-coin's website won't load, and CMC acts like it never existed.

Upon doing further research, it seems as if E-coin has done the same thing in June 2017. Attracting a bunch of investors, then DISAPPEARING WITH THEIR MONEY! Idk how this can be allowed to happen multiple times by the same company.

So correct me if you have more information about E-coin, but I believe the are a total SCAM. In my opinion, it is better to put your money into a coin/token with a good reputation and promising future. I happen to like XLM, NEO, ADA, STEEM and one of my recent new favorites ENG.