It is possible that this coin is not yet a scam only for the reason that its developers could not make a pump, after which they would disappear. And given the small capitalization of the coin, we can conclude that no one is interested in this coin, except for 10 wallets, on which 70% of Total Supply is concentrated.
You can't count the 40% that's burned. That's the dead wallet. 1,241 holders is definitely still low.