The coin has been on cmc for a couple of weeks right now and it seems to be doing pretty good compared to the rest of the market. I was expecting to see an older coin where the price is like 10% of what it was.

You have to make your own determination on whether something is a scam or not, and not create a thread based on speculation that took life in your own head and nothing else. That's irresponsible, specially for those who did invest.