Yup, the dev didn't release the wallet the first week during the PoW stage, and his coin could only be mined at a select few pools that limited the hashrate at 50 Mhs per user. Minerals is the only coin that I know of that could avoid all the coins being reaped by a few big farms, which lead to its current success: good distribution and lots of smalls enthusiastic miners => lots of volume and high price on the exchanges.