Or it is pumped, that would be FOMO as he probably deserve a correction?
I think it deserves a correction, 8$ at the movement is too high for this project. The price is surging because they are announcing some good partnerships and FOMO of new investors.
PS: I bought VEN it was around $1.5 but still I don't suggest anyone to buy at this price.
If you still want to take some risk then invest 50% of your cash first. In any case it went below again or dipped more then you can buy again with rest of the cash. So you won't end up in confusion.