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
No, it was not because the Ethereum network is having some problem in terms of scalability which was also confirmed by their CEO and was the cause of Ethereum pumping the 85% you mention. Although, still gain the heart of ICOs owner but not investors and crypto trader.