This is unfortunately true.
Especially after they kicked out Craig Wrong, another government operative who represented the unlimited blocksize movement that made it in acceptable for most people.
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In other words. It's the most desperate pump in the history of cryptocurrency.
It amounts to nothing but people calling out the Zionist handlers of this project.
They will pump it even more because they themselves believe their fiat slave tokens still have value in the real world. Lol.
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It might be that Thorchain (recently hacked for 10M USD) found a way to extort the global fiat cartel by postponing Monero DEX launch.
As Serai will only go live with FCMP++ that means they can enrich themselves a little while longer.
I'd assume that something like 100k USD is currently agreed upon.
Zcash fiat pump is a revelation (not an investment).
They could pump it to 1M USD of worthless fiat tokens and still have no one using it. That happens when fiat dies.
Monero/Bitcoin will always catch up to the reality. People get that it is about trust in the currency and not the fiat nominated price.