I dont think it is, as I saw lately many from other countries which is considered as foreign beings has by passed the registration system and that just allowed them to have amass a huge number of participants, lastly I don't believe this would be another alt that would gain fame to get its value,
As you can see it already from Binance, where everybody can use it freely.
But maybe they these people will consider it as the main focus of this project was solely for indonesians but don't get it to you that this reason is enough to have a high value on its coin.
(Actually I'm a bit pissed right now due to the loss I took earlier to this TKO)
It does not try to read their ToS so I don't know their rules on restricted areas. I will do later in this weekend and will open one account to try if they allow my nation.
New exchanges have opportunities and promotion. And this exchange has good support from Binance like Wazirx exchange.
For the Tokocrypto token and new listed tokens, I think price will have some basements for you, after 3 to 4 days and after 1 or 2 weeks. Join in the first hours is risky.