how can ETH, which was supposed to be a "stable" coin, drop a 85% since ATH? taking in mind it is also used by nearly 90% of ICOs nowadays.. how can drop that much the price? absolutely nonsense
You say it yourself, it was supposed. Between theory and practice, there can be a great difference, especially in crypto. A supposition is not much different than speculation. Ethereum is, at some level, overhyped by the ERC20 token. Ethereum also has (or had) a scalability issue. And to be honest, Vitalik is not really good to be the leader of such project (I am not saying I am)