I'm a newbie in cryptocurrencies, and I am trying to make sense of the claims that this coin will be valuable.

Original announcement:
"50 coins per block
Reward halves every 810,000 blocks"

Client now says the block is at 24172.

That means there are 1208600 coins out there.

It might seems as a valuable coin for those that presently don't even manage to mine one coin in 24 hours. But there are others sitting on more than a million coins?

How much of those coins were generated early, for instance the first two days of the coins existence?

I don't know if this block explorer is genuine, but I guess that it can be used to answer such a question for those that know more:

http://109.230.230.110/mtc/

It seems to me, though I don't know how to prove it, that a very large proportion of the coins were generated early.