Why this coin has such high price? It doesnt offer anything special. Or functional? It is just mining for the sole purpose of it. The dev is like 1min a month dedication to it? It should be 0.000000001 sat price IMP (not trying to fud but to many coins without purpose...)
Thanks for your expert opinion.

Maybe perhaps his time is dedicated to his coin that has a million dollar market cap and hundreds of thousands of dollars in volume. If you were a savvy investor you'd realize this and be looking into this coin and the algo prior to him rededicating time to the project. You can even mine it, I personally mine Biblepay and HUSH though.
Well I think the price is where it is as people like myself are buying this coin as a speculative position as we have seen what the dev has done with his other project RAIN. Now I'm hoping that once the dev is finished working on RAIN and is happy with it that he then turns his attention over the Boat and start working on it like he is currently doing with RAIN. Right now the price is around the 20 sats range and I have been buying and mining this coin for a while now only because if the dev does what he has done with RAIN it could be a huge payday! Look at the ones who put in $100 into RAIN when it was around 30 to 50 sats, they have made a huge profit just from the price rise let along what they earned from staking RAIN.