This coin is created by the 4chan kiddies, it stole the PANDA logo, and its only purpose it to confuse people who are trying to buy PANDA. Nothing honest about this coin, stay away.
It's a zero premine alternative to wolongs scamcoin. The hype alone will make this coin be valueable
If it was a legit alternative, it would be named something else not panda. and it wouldn't have stole the PANDA logo. 4chan even announced they would release a 3rd coin for this very purpose. This is clearly a scam coin meant to confuse people. Any respectable miner would stay away from this on principle.