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Because shitcoin prices have no relation to any sort of reality. Some shitcoins are traded on exchanges even if no actual coin or code existed.

• guiomie 8y ago
  They would exist as ERC20 tokens I believe...?
  • fiatjaf 8y ago
    EOS has begin trading without any of that. Now it's a ERC20 token, I guess, but still there is no code, no network, no nothing -- and in fact their creators have declared they won't be starting the network or whatever, they're just selling "the idea". The tokens themselves have no value at all, they only _hope_ that whenever someone starts the network they will give some privileges to the current token holders.
    • glitch003 8y ago
      >but still there is no code, no network, no nothing EOS mainnet launch is June 2nd, 9 days away. There's lots of code: https://github.com/EOSIO/eos https://github.com/EOSIO/eos Check this cool demo out: https://eosauthority.com/space/ https://eosauthority.com/space/
      • fiatjaf 8y ago
        Ok, many things may have changed, my latest information was from about an year ago, when there were people buying the token already.