yes, I agree that ethereum is the king of ico, but all that is not a good thing. see how ico makes ethereum like today. if such a situation continues it is not impossible ethereum will be abandoned by loyal investors. in my opinion ethereum doesn't need to be king of ico. the development team should have started using other platforms to balance ekhereum ecosystems.
now the development team really has to start thinking about the fate of the project itself because Ethereum is currently dying. they have to start thinking about their competitors who are starting to develop, if they don't want their position to be shifted by other coins. Maybe even Ethereum will disappear from the crypto market if this continues.
I think that when the projects are started by ethereum platform then it gives more strength to ethereum and the projects have to stay with it as this platform provides a best way for the ICO projects and have more convenient way for the token creation.