It is just a new brand ico, and we all know what always happens with icos, they just booom and suddenly they dump because all the investors withdrawed their money, because they bought on pre-ico.
So if you are gonna invest in something like this, better to join at the begining, not when the big whales have left.
Truly right. The best plan to earn from emerging icos is to join in the beginning, observe the coin rise and when it is starting to drop, sell all your stock and forget about it.