XMR went from $25M to close to roughly $60M market cap on a DNM announcement.
FCT has Department of Homeland Security and a Wall Street firm amongst their clients.
There's a mismatch with the demographic of crypto here and many investors put their idealism before money. The US government and Wall Street are easily in the top 5 of what most crypto people despise and for this reason it'll take some time to reach price discovery. The kind of revenue US government and Wall street can generate stomps any shady DNM.
I like Monero though and hold some but the two should definitely reach parity again at some point.
There is a leap in your logic which I think needs some filling.
The two are totally different objects. One is a currency. The other is a commodity. One derives its value from scarcity and fungibility. The other derives its value from uniqueness. Why should there be price party between radically different objects fulfilling radically different functions?
Fisher's quantity theory of money describes the fundamental value of XMR. The current price is a speculation on future value, discounted by risk.
The value of FCT is described by discounted cash flows in a commodity business, which must inevitably race with competitors to minimum operable margins.
I am not saying that the market is right. But I am saying that parity is not even remotely reasonable.
Edit: I do not own FCT. I consider it a speculation, and un-investable. I do own Monero. I consider it to be the technological evolution of money itself.
FCT despite different characteristics to XMR and goals outlined by developers is still a cryptocurrency with monetary value. Monero developers can't force you to use your XMR in a way they just say can they? Mark Zuckerberg probably didn't envision or intend Facebook to be filled with horse shit but the platform doesn't care.
Seems inevitable FCT reaches equal market cap then beyond XMR at some point simply based on my prior reasoning.