all new altcoins are a scam.

especially true with 1 day of mining.

the way it works is simple.

• dev instamines using high hash rental rigs.
• he gets and exchange listing.
• he dumps on the exchange.
• he comes back and makes a new thread.

there are no 'ultra fair launches' you can be sure of that.

this is a formula that makes the dev money and maybe a few lucky people who get it early enough.

in two weeks no one will even remember this coin exists.