How High Can It Go?

That is a very good question, and not so easy to answer. Although I'm quite a newbie to cryptoworld, and in more particular to crypto pricing, I have a hard time to determine the value of a coin. When applying the normal way of company valuation, then eg Steem is way out of price (FB active user = approx 225$ ; WhatsApp active user at time of purchase = approx 40$ ; Steemit active users = approx 30k$). But currrency is not the service, or the value of the active user persé. A Euro is the value of a Euro and has no backing of any sort other than it is a currency that is valued by most of the people around the world as being a Euro with a set value that will almost not fluctuate. It is also a currency that is excepted by many many (gazillions instead of millions) point of sales, companies, shops, people. None of the cryptos are well established in the commercial markets, ie point of sales. Crypto values are mostly determined by traders on the exchanges. Most of the cryptos just have a story for what they where created and have nothing in reality. Cryptos are in hype by mainstream media having more attention to crypto; This brings in new fresh money from fiat currency traders, or stock traders, and that increases crypto prices even further. How much it can still increase? I like to believe 10 fault for the big ones, and 100 fault for the small ones, but it could also happen that in a couple of months time most cryptos are worth just 10% of what they are worth now. Some of them well stay in the market, but I can not believe that more than 700 coins will survive next couple of years, maybe not even the end of this year.