those who sell ETH at very cheap prices are very stupid people, if you don't believe in ETH you don't believe in ICO, if ETh dies, does all ICO die too? Why? because all ICOs use ETH. remember that ETH will not die from price reductions because of the many fuds and don't panic selling
true because ethereum is still widely used to buy tokens sold at ICO, this makes ethereum very much needed by investors so I am sure ethereum will not die and there will come a time when ethereum prices return high