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It is not a hype. XMR hype made people realize the importance of anonimity. Now everyone is taking NAV seriously. NAV can have a correction but it will not go back to 5k. I wish it did so I could buy some more at that price.
You never know 1/3 - 1/4 pump price is standard in crypto.
People give shit to anonymity all they want is get profit so now even NAV is great coin with honest people involved but where is pump there is looong dump.
I wish NAV 100k but

time will tell.
NAV is a good coin but as you said people care only about profit . so hope NAV run over 400 k , it is good for everyone traders and dev team .