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
The fact is that not only the Etherum suffers from this, and the emergence of such projects can kill the whole market altogether. In what is now expressed longevity of bears and their outrage.
Everything happens exactly the opposite. New projects, even very weak ones, are a positive factor in the development of the cryptocurrency market.