Quotient XQN Rises 240 Percent During the Past 24 Hours

Quotient climbed 240% over the last 24 hours.

This coin has been trading at 4.5E-06 Bitcoins which is about 450 Pandacoins.
What are your thoughts about this coin and its recent price rise?
Please put your thoughts on Quotient XQN in the comments section below.