The first big rise in Bitcoin was from $0.05 to $30 occuring over about year, June 2011 to June 2012. That's x600. Yes it crashed but never got back down anywhere near 5 cent. Every subsequent spike has been more than an order of magnitude weaker than this first surge. Bitcoin has now had a series of 5 or 6 spikes, booms followed by busts.

Many coins, notably Litecoin have not had anything like this history. So we COULD be just in the early stages of these second tier coins having their first massive surge.