Etherum low value and ridiculous dump is all due to the block chains fault
It is too easy and conveniently cheap to create and own a token on the Etherum Blockchain and t had given liberality to scammers and thiefs to take advantage.
Until Etherum reviews its contract creations terms and policies,
it has the dangers of been overcome by more comprehensive Blockchain
It has the tendencies of been ridiculously cheap
A new development is about to take place in respect of contract creation and ICOs that make use of ethereum platform.
You need to read through this:
https://cointelegraph.com/news/erc-20-co-author-proposes-new-ico-model-to-protect-investors-from-fraudulent-token-salesThis is an indication that eth platform is undergoing some revolution, that weill make things better.