First there is like 9 millions of SUMO in developers hands. Then there was less then a million mined in first 2 months.
Yeah, no sh*t. SUMO is 90% premined as of today.
Circulating Supply
949,895 SUMO
Total Supply
9,838,784 SUMO
https://coinmarketcap.com/currencies/sumokoin/Does it have potential? Maybe... but I'm not investing at this point.