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.
The tendency of ETH gaining it balance is very sure but it will take time. Etherem blockchain is almost connected to every other coin as the wallet is mostly used to save more than 80% of ATLCoins. I strongly believe that from now till 1st quarter of 2019 the price of cryptocurrenxies will regain their shape.....