They already have the first movers advantage, so I believe that with this, they should at least be able to thrive greatly if there is a protocol upgrade that would most definitely bring about a huge adoption.
Yes I agree with you since most of the ICO's now use the Ethereum platform and this will likely the reason why ethereum crypto is great. It was being used as a trading pair to most of it and basically an exit crypto where one wishes to pull back on its ICO project that was being invested and after its listed on an exchange.
Some anticipate that the bull is in effect, but the market still might go lower and see a further decline.
Is it ok to buy at extreme values and worth taking risk?
Yes, probably this is not the best to speculate on bull market. For some reasons we really do not know what will going to happen. So, in this case we have to be ready on what will the crypto will going to happen.