Re: [ANN] MADCOIN - The Next Moroccan crytpocurrency for tourism services
It seems like the coin was ninja launched / premined. How much is premined? 
There is no premine no ICO no scam
, We will launch the store when the total Coins Created reaches a certain number You say there's no premine, but that's strange because your genesis block was mined 27 hours ago.
And the subsequent blocks were mined before the ANN was posted, up until about block 500.
The launch of the currency was yesterday, and has been announced in various forums
Which forums? I dont see it on BitCoinGarden.
You can't just announce it to your living room and call that a public launch. If you're actively trying to prevent people from picking up on it (like this, the largest forum) then you're pre-mining.