The ethereum is popular and has such a large capitalization, only thanks to the large number of ICOs. Sooner or later, ICO will go to the past and then the ethereum will become less in demand and will fall dramatically in price. For this I believe that he is not a competitor to bitcoin.
so true. Ethereum continues to experience a wave of marketing. this reduced my confidence to Ethereum. and as time goes by Ethereum often decreases compared to Ethereum.