Drawing data from coinmarketcap, as of today the price is $3.70 with a market cap of $656,293,289 while the 24 hr trading volume is $2,443,889, therefore with such data I don't think it is a scam. Also, it is a sort of privacy coin which claims to be unique and can't experience 51% attack.
Well, I don't know what type of coin you are looking for, but for top exchanges like Kucoin and Gate to list it, at least it shows it is not a scam, nevertheless depending on what you want to achieve, if it is a long term holding or not, you will have to check out the team and how best they are in tune with their roadmap, this will give you an idea of what to expect at least and if your investment will be worth it at the end.