I cant understand, how token without product, and even without demo platform, without anything can cost more than 400 mln usd market cap?

actually wondering the same , but man that means most of the holder are actually not the weak hands and they're actually wanted the use case of the coins/tokens on the products not for trade intended
I got in the pre-ICO and never once thought about selling. If I had to guess, a lot of bigger pre-ICO investors are in the same boat as I am. They see the long term potential and are willing to forego short term gains for future passive income streams.