interesting. On Coingecko the coin is the top 10 cryptos by market cap and even in the top 20 by volume in 24h, but on CMC it's nowhere to be seen because it is ranked #2167. I suppose this had to do with some sort of T&C from coinmarketcap for recently listed/launched cyptos? surely this raises a few red flags, no?

extremely risky investment if you're looking for short-term profits. It's such a new player in this market, you honestly have no idea what to expect from it. I would give it a few more weeks (even more) to see how the market reacts, but for now, and at that price range ($6), I'd stay as far away from it as I can.