In 2017 Ethereum jumped to new recorded price due to ethereum investment in almost every ICo, but now Ethereum again needs something huge like ICO to fly again to new record value in price.
but the problem is ico's now are becoming obsolete . ieo's now are the new trend . thats also the reason on why etherium havent increase alot unlike before that ico's was still hot .
I think it will jump up into 0.1BTC again once the bull run start to happen in the market. Or it could be more I guess at 1k$ and if that happen more millionaires will rise up here in cryptocurrency and its credibility also will increase too and popularity. In fact, I also hold em on my wallet too and waiting for the right time to sell.
not just a simple milionaire can up the price of crypto but whales yes . millionares dont care how the market goes so dont give credits to them . eth did jump up to 0.1btc before ? wow i didnt know that . i joined on the late 2017 and the highest ath i see for eth were only at close to 400 usd . now like i said above, i dont expect that the time can happen again because there are now better alternatives to eth .