There's is simply more supply then demand, probably because EAC is perceived as too much serious.
The thing I'm noticing those last weeks is that the more the new alt coins are idiotic, the more the people love then, if you go on irc channels like the coinye right now, you can see there are like 5x the people there then on the EAC channel, but I can guess the majority of those people are kids and most of those coins are not living long, but you never know, doge is still alive and doing good
agreed, This could be due to all the counter productive "man throws away harddrive with $5.5M dollars worth of BTC on" type of articles that that the corporate media seems to love to run.
these kind of articles detract from the legitimacy of crypto in the public mind by helping to paint the whole movement as an unpredictable free for all.
And I suppose that is exactly what we have with the latest rash of Memecoins.
I have faith that effort will be rewarded in the long run ,DOGE may survive but EAC will defiantly survive if there is any sanity left in the world........