Sha256 is one of the worst algos to choose for a new coin. It was actually the worst algo to choose back in 2014 so most people chose Scrypt back then.
There are way too many sha256 ASICs and its very easy for a small farm to take control of the network especially on a new coin like this. Once this coin has a market many Bitcoin farms will pool hop and then dump as soon as the coin mature.
We have decided to update our algorithm to YescryptR16, so that only CPUs and GPUs can mine. You can find more details on our upcoming website,
www.FennecBlockchain.com