Yes, I do think tron is overhyped.
Tron launched its network recently yet its value has gone up 14.44 times (Source: https://icodrops.com/tron). That is a huge gain. It takes a long time for a software to develop and stabilize.
Even before getting a large user base, tron price was pumped hard by speculators and day traders. Such unexpected price movements indicate that a significant portion of tron's value come from speculation.
The moment these speculators decide to leave tron and dump their coins on the market, its price will go down significantly.