as we see now many project are using IEO system to collect funds from investors and I feel IEO is very popular at the moment, besides that I also see a lot of IEO that are currently successful, therefore I am sure that the price of ETH will definitely increase too if many project use blockchain from Ethereum (ERC-20). because as we know in 2017, where ETH prices increase very high due to ICO very popular and successful, so if this year IEO will experience the same thing as ICO in 2017 (popular and successful) then it will make ETH prices increase again (bull run).
Unfortunately, no, as you can see, the cryptocurrency market has fallen very much and the demand for ICOs has probably fallen in dozens of times or even in hundreds of times, and companies that conduct IEOs are very few and not all IEOs are successful, so this year, unfortunately, did not show anything good for the cryptocurrency market, but cryptocurrency technologies themselves, of course, began to be used more often and this of course would benefit the entire cryptocurrency industry.