There are lots of such coins that has created without any special aim and only for making the developers rich. There is no future for these coins. The coin you mentioned is one of hundreds of shit coins.
Exactly and 1 person controls 70% of supply and has buy walls across several exchanges. This is a heavily manipulated coin and possibly a scam; 1 person can literally turn off the entire project. Having a person with almost zero programming experience control a team of "1-2 people max". It used to be once before this.
Execuse me, but this is shitcoin! Why bother to consider them seriously?
Because people keep buying them. Even though you know it's a shitcoin, others don't.