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Interesting. I've been looking for bargains on old coins. Best thing that could happen here is Dev's with secret stash dump and gtfo- or use it to build community through bounties faucets whatever.. . . Although I also look at bytecoin where Dev is rumoured to secretly hold 95% of supply, and that coin is worth a fortune. Hmmmm. Not yet kitteh, gotta be more open for me.
The pump crew on this coin obviously has some talented people, and they have a vastly postpremined coin that they can basically build any kind of economy with.
Bytecoin devs started out with such a pile of cash that they could pump their coin to the moon and sustain it. Also they produced a bullshit story to cover their coins but nobody could 100% prove it was bullshit, whereas with kittehcoin a person can say ~100% the coins were created by one person in a way that others do not support.
A lot of coins with vast premines have done well and in this case if they were upfront about stuff they would be the only premined or postpremined coin to at least consider the premine / postpremine as something that they need to redeem or justify, rather than the usual premine pretext of "we are kings so we can premine". Has the potential of a Robin Hood coin if the devs are able enough.
