Well, it's a shitcoin not a scam. I dislike its release and issuance. Its scaling issues were predicted about 5 years ago. I also dislike POS if they go that route.
Otherwise, despite all the hype, eth failed to deliver anything meaningful.
Its price has as much fundamentals behind it as the BTC shitcoin price has (exactly 0)
Does the truth hurt you that much? If you think ETH is a shitcoin then you do not understand blockchain technology enough to have a valuable opinion on the matter.