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RE: Crypto purification
Ethereum is badly flawed and will be superceded by NEM in China and ADA everywhere else. It can't die quickly enough.
Bitcoin has limitations, but at least it does exactly what it's supposed to do, and has an eight-year track record of doing just that.
It's true Ethereum has some limitations when comparing it to other coins, however the infrastructure is second to non, which is better for developers to build services, which will generate an intrinsic value for eth. I believe this is why you see investment firms backing it, such as OMERS. Moreover ethereum devs are working on improving the underlying tech, the coin is a work in progress.
Don't believe ever youtube who is trying to pump a coin that they bought.
As with all things, perspectives differ depending on where you stand. I saw Ehtereums popularity rise (value) when people who were entering the exchange markets were getting hammered with big fees to move there BTC. That along with speed, made ETH a better vehicle.