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.
yes this is true, but not just in Ethereum blockchain this happening, but all platform that has a smart contracts. they are all give a chance to scam more people in this field of crypto.
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
I think the only one thing to solve this problem is to implement a KYC to all incoming projects to create in their blockchain. this can be lessen a scam projects that continuing scamming all investors in this field.
Perhaps this step will be the solution.There is only one thing.What if for the passage of the KYC team is to provide false documents.They are very easy to purchase on the,, black market,,.I hope that after the ethereum update some amendments will be made and the holders of these coins will have an incentive not to sell them as soon as possible.At all times fought with scammers and I am sure that the cryptocurrency will not be an exception and the solution will still be found.