And you forgot this, they owe 6% of their total tokens sold to their bounty hunters, if the marketcap is 200 million at the moment, that six percent is 12 million dollars in uTrust tokens to their bounty participants.
It is a huge amount of money, but those who have been in there really deserve that money, without that advertising, the project wouldn't have that kind of money.
They got more than $20 million from investors, current market cap is $200 million, that's a lot for a pretty much useless ethereum token from a company without a functioning product. Does this really fit the 'hidden gem' project?
Those tokens are useless, if they go up, it is only because of hype + fomo, nothing more.
I dont know why a lot of people think that utrust deserve to be on the top 100.
No they are not particular useless, as mentioned above you can trade them against things that get sold over their platform once it gets finished. And for how high hype & fomo can get a just look at the top 20-30. There are a lot of coins that are only there because of hype & fomo.