Yeah I think this coin is going somewhere. If this was gonna be a scam it woulda happened when price was above $2. There was some hype price went up now with the altcoin market going crazy people may have sold to try and make a buck somewhere else. They will be back. In meantime enjoy low price seams like everyone shits on a coin if it's not currently in a pump then when price goes sky high they are all about it.
Presstab is a legit freelance dev, so no problems there, but get real. This is a typical scheme. People accumulate a near dead coin at 50 satoshi for a year, then go on a full hype campaign, jumping on the rebrand and sell the latest fad masternode that know fucking noobs know how to use. This is an average coin with average features. A dozen others like this exist right now. nothing justifies its price. Absolute trap for new people in crypto who have not been through the previous masternode hype of years ago.
100% right. most coins are accumulated at very low level, then hyped - pumped, sooner or later there going be big dump and leave a alot bagholders, with -90%< . im not talking only about this coin, this applies for most altcoins