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).
The rising growth of IEOs will not affect eth growth directly. Because IEOs are based on exchanges coins such Binance coin, Huobi coin etc. And certainly exchanges are interested in pumping their own coins in the future by means of IEOs