I believe this is a scam coin as it has dropped by more than 60% in just a couple of days, making it a risky trade. However, there's a possibility of seeing a bounce from the golden zone. I've bought in here with a stop loss in place. For me, this trade is very risky.
Trade closed: stop reached:
This was not a successful trade. It went up by 18%, but then BTC dumped, causing almost all altcoins to drop down.