Re: [ANN] [SUMO] SUMOKOIN - 🔏 Digital Cash For High-Confidential Transactions 🔏

i like how this coin is presented and its fundamentals, but i don't like the premine

coin is gonna fail because of this

Yes, premine.. Here it is huge. At moment mined 1 240 000 coin, but premine 8 800 000 and that is unreal a lot.
Besides, now the coin is mined just a few people. The rest gather the crumbs. >5 MH Global hashrate and low price and 22.17 KH/sec on official pool.
I.e. the coin is not distributed. Huge amounts of only a few people. Not good.(

If you don't trust the coin, just need to sell al before the dev wallet is unlocked.

I don't have much to worry about. I wrote the dry facts.