Premine is quite huge. Dev's gonna dump it when it will be listed on decent exchanges.
Looks like dev has been dumping it. There was a 300,000+ sell wall slowly getting bought. Unless I'm missing something, how would anyone else but the dev have 300k+ coins if they had to mine it?
there's over 22,000 blocks, which means over 1,000,000 ZNT is in cirulation, looks like you're bad at math.