Likely presale selfbuys or entirely imaginarey numbers to make the illusionary impression of demand for it. The oldest trick in the book.
Wow you're cynical! I guess that's possible but why "likely"? Especially give the list of angel investors? I'll admit - I actually did buy some.
In crypto every presale is a scam until proven otherwise.
I understand the once-bitten-twice-shy feeling if there have been a lot of scumbags running scams in the digital currency community. That said, I don;t think you can lump them all in the same bucket. Or you can if you want, but that just means you'll never be an early adopter in a coin like this.