I have some problems with understanding the current high price of the ETH token. I understand the value of the ethereum network and why it differs from the bitcoin network. But.. I don't understand why the coin itself has such a high price.

The ETH token was used for the crowdsale/fundraise of the ethereum project. And it still has his function in the blockchain as a means of pay for transaction fees and stuff like that. But as I see it most companies that adobt the ethereum network will just use the blockchain and not the token, making the token not really valuable at all (as I see it..). I think it would even benefit ETH to have a lower price if companies really want to use it as a way of paying transaction fees.

The only big thing you can do at the moment with the ETH token is paying for ICO's..

Maybe I see it all wrong but is there any other reason that the ETH token itself is so high priced beside just big pumps and people lurking for a fast buck?


ps.
(This question goes for a lot of other altcoins also actually. Don't look at this question as a hate to altcoins, I'm just curious because I begin to doubt investing my money in them more and more..)