This is really good example of power of speculation. EOS is much better thab ETH but it is worth around 1% of ETH becouse nobody care how good that project is, everyone only see how much they can earn money if they use BTC or ETH for ICO. We may miss many valuble projects if this market will stay in wrong hands (founds, big investors and speculators).
At the end of story of crypto world (when old projects will have troubles) we will hear that this is bubble and everything what is conmected to crypto world is scam, what isnt true, but this is only a beginig of new world, where power will be transfered from governant to people