It is apparent that the people behind this crypto is more focused on having it listed in as many exchanges as possible in the shortest possible time frame instead of focusing on developing the tools and fast-track their release to actually make this cryptocurrency utilitarian (cold wallet/signing features, mobile wallet, etc)...you know, primary use case and all that crap. This observation only leads to one conclusion (except for the clueless, of course): that the principals are more motivated to artificially hype/pump the value up as fast as possible so they could cash in and become filthy rich. Please do not resort to the same lame "the premine is in escrow" rationale (if you can even call it that) as it does not hold water and has effectively been debunked on here without even trying as the logic behind it is super flawed.

If they are really sincere about truly developing a crypto that the masses could utilize and therefore become mainstream, then they're doing it ass-backwards. They should be more focused on developing the essential tools that allow the cryto to have an intrinsic value and thereby acquire a true market/monetary value as a result (in the long term, mind you); not hyping/pumping...and dumping. Only the hodlers of enormous and obscene amounts of the tokens will benefit in the latter scenario. The rest will be left holding the bag.

"If you build it, they will come". No hype/pump necessary.