I like that the ethereum not so much in percentage as other coins and the fact that the team is constantly working on a project
If they change PoW algorithm to be more ASIC avert, then the price of ETH could rise again.
Well,
There is a huge amount of fresh data from Monero and Crypotnight7 coming in every day - who introduced a fork to introduce new anti-ASIC measures on April 6th.
From the numbers being seen: it appears the people who bought ASICs for the cryptonight algorithm appear to own little or no Monero coins.
Yes, those people who bought those ASICs miners were simply looking to convert out into dollars, pounds, yuans, euros, etc.
It looks like, this will be true for Ethereum as well - the people who bought Antminer E3 don't own any Ethereum and are looking to convert out into dollars, pounds, yuans, euros, etc.
Buying ASICs on any network without developer approval is at the buyer's own risk!