It's 850Mil Token project, for me ICO prices those days look very expensive/overpriced calculated to profit creators not owners. I remember, investing 200$ in 2015 in NAV coin could bring you 70K profit in 2017 on peak, what I mean is Total Token supply of NAV was 61Mil and it took 3 years to reach 2$. For 200$ you could buy approx. 33K coins, that you could easy sell for 1$ = 33.000 $
now uTrust cost 0.065c and you need around 250.000 at least to have profit = 16.250$ this is just example how hard became to invest in crypto since cold calculated ISO took pace instead coins.
Yes, I think that the token is clearly overvalued. Either there should be fewer tokens or less total capitalization. Some go to such capitalization for several years and at the same time there is an increase in the capital of investors. The project should not act only in its own interests, but must also think about who supported it at the initial stage.