I think the token is trading at a very fair value for how new it is and the progress of the project.  If their business wasn't related to crypto, but had two developers, a basic website, and the business model that it has, I doubt it would have a market cap of $1.3m.  I had a two person company a couple of years ago with products, intellectual property, an online store, etc and if someone had told me we were worth over a million dollars two months in I would've told them they're crazy.  Let's be realistic here about valuations