The supposed growth of that fedcoin is government sponsored with the intention to get away from using crypto into just holding on to a crappy old coin like a collector's item. You see cultists calling this as "storage of value" for what in essence should have been a daily usage currency. The apparent value is highly speculative and doesn't even yield monthly returns. For example, when you diversify to things like properties then you have a physical object that when well chosen will continue going up in value and provides rent money every month. The thing is that you should never trust a single place to invest all your life savings. Especially for those completely unable or uninformed to pursue other profits. That is when it becomes a cult because they have no other options.