There is nothing happen to unbelieve The Second big coin of the crypto market! Who sold their Ethereum by seeing 167 USD, they are regretting now. How can people think Ethereum will scam at this moment?
I think most people don't think about scam at the moment they sold at this low - but they sell because of loses. There is really no reason(imo, somebody think different) to took it for a scam but real scam ICOs that took place in 2017/18 makes ETH's price go to the bottom selling their coins
If you don't need money, hold your Ethereum.
Also everybody(almost) needs money and they are here for money and that is the reason we see such highs, lows and this volatility