Almost every discussion about altcoins majorly is centered around ETH, this has taken over the first page of the
https://bitcointalk.org/index.php?board=67.0 section. This goes to show the important of the coin in the space and how much premium is being placed on it. My belief is that ETH will not die and most ICOs will continue to launch on the network. This will make the price to back up as the demand for it will increase.
The only trouble with Ethereum price is developers dumping their coin after their token sale, this is one of the reasons why Ethereum price is very low right now, but we cannot deny the fact that Ethereum has a big influence in the market and the adoption of cryptocurrency.