Sumokoin is a fork from Monero, one of the most respectable cryptocurrency well-known for security, privacy, untraceability and active development. Starting as an educational project, we found that it would be great to create a new coin with high level of privacy by
1. moving forward right away to Ring Confidential Transactions (RingCT)
2. setting minimum transaction mixins to 12 that would make it high resistance to blockchain analysis attacks.
Sumokoin, therefore, is a new Monero without its legacy, a truely fungible cryptocurrency among just a few ones in the market.
Current marketCap is 20M, i think now can slowly slowly accumulate Sumokion.