This coin is doing the 1-2 limbo these days. Someone is doubling bitcoins on it.
My bet is that it will be derailed if anyone tries to get a piece of the action.
What do you mean by derailed? Do you mean it will never go up?
No i mean that it will either rise in price or go to zero till you grow old or be delisted.
Claimed 51% attacks is also seen when buyers are in to much "luck". Or eternal wallet maintenance.
You will learn to know the lice on their walk.
Didn't you wonder why cryptopia XRY wallet was in maintenance for at least 22000 blocks ?
Same goes for POS coins. It is often seen that some exchanges wont let the coins leave the exchange so the can keep the POS rewards. Hints. Coindump comes after.
Check how many coins is listed on one exchange and you will get an idea how the coins is traded. Also if someone tells you that binance for example list all the newest coins an alarm bell should ring.
Worst case. An exchange with wallet maintenance and a "known" coin on its own chain. Easiest way to rip of customers on branded POS coins.
I will probably figure something even worse out one of these days ;-) Still in bizz.
BTW. It is snowing here so i am off for some bird balls. You know those greasy corn thingies you hang in a tree for the birds to eat.