Bought 3 weeks ago. Already 10x for me. Looks like it's a hypecoin.
I have exited my capital. Let's see how far will it go. Will take profit from time to time.

Demand and supply. Market forces determine the rate. Binance P2P rate has nothing to do with Google exchange rate.
P2P seller can put whatever rate they want to put and you as a buyer can choose from whom you want to deal with at the rate that you like.
Come to think of it, all money exchange work this way. Put too high, nobody want to change. Put too low, you do not make profit.

If you notice, those unverified seller and big minimum amount seller tend to give better rate. They do not want to wait a long time to make a deal.