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.
A huge number of the cryptocurrencies in the market depend on ethereum so it is very likely that ethereum is going to recover but while many have the expectation that this is going to happen soon I really do not believe that is going to be the case and you need to prepare yourself in the case that does not happen, but for now take advantage of the cheap price of ethereum before it disappears.