on the other hand that is currently rife is IEO, which reduces ethereum demand. different during the ICO period, where most projects require ETH. but with the innovation that will occur in early 2020, I think ethereum will be able to revive. but I'm sure there are still many who are interested and believe in ETH until now
The effect of IEO on ETH is not too much, because projects that use IEO to raise funds, they also use the ETH platform in their tokens, meaning that ETH is still trusted by most crypto lovers, both falling prices and rising prices.