As Sumo is so easy to mine and quite profitable what I believe is happening is that small quantities of Sumo are continually being placed for sale on the exchange. Whales are hoovering them up whilst avoiding placing buy support thus, the price is being suppressed as people build positions for later.

What is also clear to me is that Sumo will be listed on HitBTC however, it is not going to happen overnight. It is going to require the community to come together and help the team in the short term.

It is a real shame that this thread is being trolled, assumed to be Monero fans and being poisonous.

It can clearly be seen that the Sumo team have set realistic goals and are actually delivering against their milestone plan. It appears that the leftfield appearance of a usable Android wallet in short order has upset certain members of the Monero fanbase and this is also sad.

There is room for Sumo, Monero and Electroneum in this world.

I would also add, that in the current climate, I don't believe that a coin can be truly successful without a pre-mine or pre-allocation. The amount of exchange fees, PR and Marketing required to get a coin going these days is not what the creators of Bitcoin envisaged.