It doesn't copy whether that enchantment is tapped or untapped, whether it has any counters on it or any Auras or Equipment attached to it, or any non-copy effects that have changed its types, color, power and toughness, and so on
This is also a great time to get any food, drinks, or supplies you might need for the event, like sleeves
New Two Game Match Format A new format is due to be debuted in Challenge events
Lightning Bolt and Damn are classic cards that see a lot of play in all kinds of formats, while Prismatic Ending is a staple in WUBRG and domain decks that have access to lots of different colours of mana
It seems that this card is spiking simply because it has a strong effect and is super rare, with demand suddenly outstripping supply and then rising higher as interest in the spiking card grew