This continuous quarrel about ETH makes me think deeply about it. There are, not sure but I think, over 6000 cryptocurrencies over there and the significant part of them ERC token. This means there is a strong base coming from ETH. However, these projects create a dumping point for the ETH since their ICOs and sales are making with ETH. Is this going to be a strong ground but lower price vicious circle situation? Will there be a chance for ETH to rise beyond its ATH?
I personally don't think any token or coin will replace ETH soon but... There is a strong but here.
If there are those who use/buy ETH on a large scale, whether done by Individuals, ICOs, or the Great Pope, they will have the opportunity to shift ETH prices at other times, whenever they want. For me, this is very natural if it happens because between them and we have the same target, namely profit.