Series of tokens have been developed and some are still in the ICO. Those that have been completed and listed on exchange are really suffering a big blow in term of loss of value in the exchanges. The new ones are scared of being listed on exchange at the moment because of the market situations at the moment and the effects it could possibly have on their tokens' value.
The value of ETH, attached and dependent on the development projects on its foundation. But look around ... a lot of projects are built sloppy and irresponsible. There are a lot of brushes with scams and fake ones. They inherited the features on this platform. It does not really promote the goal and responsibility of developing according to the utility or product. Do not blame ETH.