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 possibility to bounce back is higher than making it become a dead coin. This ethereum had been the most talk of the entire cryptomarket due to their sudden dumps that hit them at the bottom. Although it's uncontrollable with the team as those ICOs will need money to develop their platform. The price is too affordable for us if we have faith on this ethereum and I'm looking for this as the best opportunity to buy at cheaper price. We just need to wait longer before we can get our profits as this will need enough time to bounce back.