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overhyped 

Basically means overrated. But when something is overhyped it is really too much. Been there, done that. Enough said.

Can be used to say to describe a state of high elation.
I am feeling totally overhyped after watching that bboying vid! It was sick!

Christmas is totally overhyped, it's not even gone October yet and we're already being bombared from every direction with it, as if preparing for it were the single most important oncoming event in our lives.
overhyped by Bah Zah October 30, 2010

Overrated 

1. The coward's way of saying "I don't personally like it", instead of admitting it.

2. The internet's way of saying "I don't personally like it", instead of admitting it.

3. A misattribution of taste based on confirmation bias, where others are wrong for liking something, whereas the user of the word perceives themselves as "right" otherwise for not liking it.
a) "One Piece is overrated"

b) "How?"

a) "The sheep that like it are freaking crybabies."
Overrated by Abarbarea July 13, 2021

overrated 

When something gets more appreciation than it actually is worthy of.
Jonas Brothers: "Hugs are overrated, just FYI."
overrated by thatgrammarnazi July 22, 2012
Something that is excessively hated, regardless if it is actually good or bad. It can be overhated by one group of people and overrated by another; see bandwagon
12 year old male: Oh my god, Justin Bieber is so gay!!!!!!!!
12 year old female: Oh my god, Justin Bieber is so amazing!!!!!

Mature person: He is overhated and overrated.
overhated by nbnb123123 January 26, 2014

overrated 

A term used to describe something that gets more hype and credit than it's actually worth.

So due to personal opinion and anyone who hates anything that's well known, No matter how brilliant something is, if it gets a lot of media attention then there's always someone who will think it's overrated.
Person A) "I'm gonna watch my TV..."
Person B) "TV is overrated"

Person A) "I want an Xbox..."
Person B) "Xbox is overrated"
Person A) "Jesus, shutup"
Person B) "Jesus is overrate-"
*punches in face*
overrated by -Mike- July 30, 2008
Something that people hate on too much

Example
Nickelback
Nickelback is an overhated band
Overhated by SolQuik December 4, 2016