Thanks for the post and for explaining to people the current hype that is going on. While admittedly, I am a supporter of Tron, I do agree that it is highly overvalued - in my opinion this is due to the hype about how this platform could work. I do believe its valuation will be astronomical in the future (opinion only), but currently it is speculatively valued.

What Tron aims to be is quite confusing - 1) It aims to be a decentralised mobile app store (which Qtum is also aiming for as part of their road map), as well as a media platform. On the platform, if I'm correct, users will be able to issue their own tokens (and presumably they too will be valued speculatively and on a supply and demand basis). You can read about it in their white paper, but just imagine the value of a platform with multiple influencers creating tokens that, albeit meaningless, have worth due to users wanting them.

Ripple's market cap shot up way too quickly for my liking. The partnerships and prospective partnerships that they have been forming have really helped this from a PR point of view, and coupled with the huge influx of Binance users who are new to the market, I think that this has accounted for a lot of it. The growth is not unlike the growth of coins that are added on coinbase etc; when a platform gains multiple inexperienced users, a lot of them will go for the coin that banks, companies and newspapers are all raving about. I agree

I agree that when the hype starts to die down that coins with real utilities will do well for themselves. I am a huge fan of Bitshares and (of course!) Steemit - there are multiple other coins that I support based on their technology too.

Thanks for the great post!