I understand your concern but you should check the pre-mine and it's allocation. If you have any further questions regarding pre-mine the team is available on Discord or Telegram. We are happy to answer any questions.
This coin is good because it has been listed on two exchanges as I saw above, but the number of premines is very large and this only uses the Algo Masternode and Pos
What I think is that pre-mines will make the price of this coin will go down quickly as prices jump if the dev didn't control it wisely. I always see the pre-mine coin has a strong influence on falling market prices or maybe this will be not, don't know.