Now eth have a one big minus it's a big number of shitcoin. 99% of all on eth base. I want to see what will be in future,because i think it going in the end. Top ico going minus in one time when they listed on exchsnges. Times with easy money gone. How it connected with price we will see in near future.
But considering that ethereum can act as a base also for successful ICOs which can also have a high market price, should also in a way benefit ethereum. Also the fact that all these shitcoins are created with it, should also in a way increase the price as more ICOs are yet to come. I mean if people use it, the price should raise. No matter, if it's a good use or simple spam tokens. We've got two months until the end of the year, and even though the cryptocurrency market is unpredictable I think $500 is the top. Or there can be some kind of christmas boom, where everyone will want to bump all cryptocurrencies at the end of the year.