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Topic: Is ETH the King of Altcoins ? - page 19. (Read 2985 times)

legendary
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March 15, 2023, 11:51:55 AM
#45
There is no doubt that Bitcoin is the King of cryptocurrencies. If we only focus on altcoins, ETH is the most successful smart contract platform that owns the largest base of fans compared to other altcoins. The current market cap of Ethereum is over $200 Billions and the this will be more likely to increase in the long term. Can ETH be considered as the King of Altcoins ? What do you think ? Please let me know.
Why would you even think there would be any other altcoin that would have that title, and what would be the properties that would give that name to any other coin out there.

When you look at the development, adoption and just a number of layer 2 projects are been build on top of it. It's would be insane to give that title to any other project.
Now one could argue that their project would be working better than eth, but that's whole another issue and most likely based on a populist lie.
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March 15, 2023, 11:51:39 AM
#44
Of course Etherium ETH Always King Of Altcoins Section And Every People’s Know About ETH King In Altcoin One Slogan Are People's Know Bitcoin Is King And ETH Queen.
full member
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March 15, 2023, 11:33:53 AM
#43

There is no doubt that Bitcoin is the King of cryptocurrencies. If we only focus on altcoins, ETH is the most successful smart contract platform that owns the largest base of fans compared to other altcoins. The current market cap of Ethereum is over $200 Billions and the this will be more likely to increase in the long term. Can ETH be considered as the King of Altcoins ? What do you think ? Please let me know.

since ethereum was launched it seems that ethereum is always at the highest level above other altcoins, in other words ethereum always leads altcoins with no other competitors even though many other altcoins want to compete with the Eth platform. but until now ethereum has always been the king of Altcoins as you said
hero member
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March 15, 2023, 09:42:58 AM
#42
I mean yeah, its the top 2 cryptocurrencies so its probably the king of altcoins, Most of the altcoins probably don't come near to Bitcoin and Ethereum when it comes to market price so these two giants are just the best as a cryptocurrency and even on the investment, most of the investors would easily suggest Ethereum as an investment after bitcoin no problem. Ethereum popularity is just different compared to other cryptocurrencies I don't think there are cryptocurrencies that could come close to these two, especially on marketprice.

When bitcoin becomes a thing there are a lot of projects trying to replicate bitcoin's success, but Ethereum has a different structure, different supply, etc. and that's structure is probably genius having its own network, these days other projects are now replicating Ethereum creating new networks, etc. I guess its a testimony to Ethereum's success in making a genius structure that could possibly be a big thing these years.
Just to make it a bit more clear, ETH is the second one, and if we ignore USDT which is not a crypto currency but a stablecoin, then we could say that BNB is the third one and they have less than 25% of their marketcap, imagine the fact that your closes rival is not even four times smaller than you, it's even smaller. On the other hand the next biggest one after that is XRP which has 19 billion marketcap, which means it's even less than 10% ethereums market cap as well.

This type of big differences should make it clear for everyone that ETH is solid at the position it's in and there is no cryptocurrency that could take its place, not anytime soon at least and for many years.
sr. member
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March 15, 2023, 09:33:28 AM
#41
For me ETH is definitely the king of Altcoins because Ethereum is one of the most popular and well established altcoins in the cryptocurrency market. ETH is known for its smart contract capabilities and is often used as a platform for creating decentralized applications (DApps) and other cryptocurrencies. However, whether or not it is considered the “King of Altcoins” or the top altcoin is subjective and can vary depending on the criteria used for evaluation by an individual.
I don't like the expression "king" in a decentralized cryptocurrency. It somehow does not harmonize: the king is a symbol of the complete centralization of power, and I do not think that this word is appropriate to use in cryptocurrency. Here, for ethereum, you can use the word "altcoin leader", it will be more correct. Ethereum is a well-deserved leader of altcoins in all respects and has been for a very long time.
full member
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March 15, 2023, 09:16:47 AM
#40
Ethereum is the king of altcoin,it rule the crypto world from the beginning as like bitcoin.Because the fee of the most of altcoin is Ethereum till now.The transaction of most of altcoin was Ethereum and most of them was worked with Erc20 address for the deposit of such altcoin.This will make the more demand of the Ethereum in the market till now.Even though many crypto currency was launching daily,only few are sustainable in market like the Ethereum.
full member
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March 15, 2023, 05:46:33 AM
#39
i think ethereum is more than what you mentioned in leading altcoins. This is because there is not yet a single Altcoin that can compete with Ethreum. I noticed that Ethereum is worthy of mentioning the king of Altcoins.

The funny thing is, over the years, there have always been a lot of new projects coming out and saying they will replace ETH, but so far, there has not been any altcoin that can replace ETH.
ETH deserves to be called the king of the altcoin market, and I firmly believe that, like BTC, its place will be irreplaceable. Even I am pretty sure that it will give better returns than BTC in the upcoming bull season. The 2021 bull season has already happened, so it's no surprise it will happen again.
yes, it is possible that the bull season will repeat itself like the previous year, we hope it will be like that again. talking about ethereum, it's true as you said that there are parties who really want to replace ETH. but that will never happen with Ethereum. I am of the opinion that no Altcoin can replace the tremendous growth of Ethereum in the market.
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March 15, 2023, 04:58:14 AM
#38

There is no doubt that Bitcoin is the King of cryptocurrencies. If we only focus on altcoins, ETH is the most successful smart contract platform that owns the largest base of fans compared to other altcoins. The current market cap of Ethereum is over $200 Billions and the this will be more likely to increase in the long term. Can ETH be considered as the King of Altcoins ? What do you think ? Please let me know.

as long as there is no higher quality altcoin like ethereum, both in terms of decentralization and from the largest market capitalization funds obtained by ethereum on the exchange. what I know now is that ethereum is a very high quality Altcoin and has the largest holder among other Altcoins. and it seems very reasonable if Ethereum is mentioned as the king of Altcoins
sr. member
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March 15, 2023, 04:37:24 AM
#37

There is no doubt that Bitcoin is the King of cryptocurrencies. If we only focus on altcoins, ETH is the most successful smart contract platform that owns the largest base of fans compared to other altcoins. The current market cap of Ethereum is over $200 Billions and the this will be more likely to increase in the long term. Can ETH be considered as the King of Altcoins ? What do you think ? Please let me know.
Perhaps, your insights are right. We already know that ETH had played an important role more than any altcoins in the market. Not totally I would say it was the king among altcoins but considering its huge participation in raising the crypto market together with Bitcoin, we can say that it was a big factor to think that ETH deserves to be in its current position next to Bitcoin. And no other altcoins could ever take that place or be even more valuable than what it did to the crypto world.
full member
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March 15, 2023, 03:15:41 AM
#36

There is no doubt that Bitcoin is the King of cryptocurrencies. If we only focus on altcoins, ETH is the most successful smart contract platform that owns the largest base of fans compared to other altcoins. The current market cap of Ethereum is over $200 Billions and the this will be more likely to increase in the long term. Can ETH be considered as the King of Altcoins ? What do you think ? Please let me know.
yes, of course Ethereum has no rivals with other altcoins and Ethereum deserves to be called the king of altcoins. besides having a large market capitalization, the ethereum platform is also widely used in the development of large and successful projects. I think ethereum deserves the nickname you mentioned.
hero member
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March 14, 2023, 06:44:01 PM
#35
of course it is, all of the popular smart contract project which currently dominating the ranks of top altcoins are all derived from ethereum using EVM exactly the same like ethereum even though some might be different, but still ethereum is the one that proposes the smart contract first, it could be considered like that because its dominance is also quite big enough but doesn't mean ethereum could always hold its position it have bigger chance of getting replaced by other coins that's trending since it has been overtaken a few times.
sr. member
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March 14, 2023, 05:37:39 PM
#34
If being on top of many can be considered as a king, then most probably yes.
ETH is still a good altcoins for almost 5 years now, though I remember XRP replace ETH on top but it didn’t last longer for some reason. There’s still a good update to come with ETH, let’s just wait and see if they are going to address some issues with ETH and improve their network.
legendary
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March 14, 2023, 05:21:20 PM
#33

There is no doubt that Bitcoin is the King of cryptocurrencies. If we only focus on altcoins, ETH is the most successful smart contract platform that owns the largest base of fans compared to other altcoins. The current market cap of Ethereum is over $200 Billions and the this will be more likely to increase in the long term. Can ETH be considered as the King of Altcoins ? What do you think ? Please let me know.
Of course Ethereum is the king of altcoins. We have no doubt that Ethereum is the king of altcoins just like Bitcoin is the king of all cryptocurrencies. Those who doubt this, I say, are mistaken. However, Ethereum is a very good coin to invest in. Investors must have invested in this Ethylium. Will occupy a much better position in the future. So those who have invested must hold for long term.
MiF
sr. member
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March 14, 2023, 05:15:10 PM
#32

There is no doubt that Bitcoin is the King of cryptocurrencies. If we only focus on altcoins, ETH is the most successful smart contract platform that owns the largest base of fans compared to other altcoins. The current market cap of Ethereum is over $200 Billions and the this will be more likely to increase in the long term. Can ETH be considered as the King of Altcoins ? What do you think ? Please let me know.
I think it is the king, if we talk about altcoins and its rank on the different ranking/tracking platform ethereum is still the largest altcoin, it is always next to bitcoin so i think the king of altcoin is ethereum, there are many new altcoins like polygon, fantom, doge, etc., But still ethereum is number one in rank even if there is a gas issue in Ethereum platform but still many people use Ethereum because they trust it.
hero member
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March 14, 2023, 04:46:04 PM
#31

There is no doubt that Bitcoin is the King of cryptocurrencies. If we only focus on altcoins, ETH is the most successful smart contract platform that owns the largest base of fans compared to other altcoins. The current market cap of Ethereum is over $200 Billions and the this will be more likely to increase in the long term. Can ETH be considered as the King of Altcoins ? What do you think ? Please let me know.
It wont be ranking as #2 if it wasnt, yes of course we could really say that it is king of altcoins considering about its overall marketcap and daily volume which means that the community do mainly supported it.Speaking about use case then there's no doubt that it is indeed the best altcoin that we do have today but somehow the only thing i do complaint about this blockchain is that it does have some huge fees whenever you do make out transactions.If ever this one would really be solved out then for sure it would rise up its price even more.
Although it cant make out some guarantees that it wouldnt be overtaken by much better altcoin in the future.
full member
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March 14, 2023, 04:37:27 PM
#30
We can consider it as the king of altcoins since we’ve seen ETH to be on the top spot for more years now and there’s no altcoins that seems to replace that spot even if they claim that they are ETH killer.

This altcoins has improved a lot and i know there’s still a of things that needs to improve with ETH, if they are able to do this most probably they will grow more and stay on that spot especially on next bull run.
legendary
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March 14, 2023, 02:55:59 PM
#29

There is no doubt that Bitcoin is the King of cryptocurrencies. If we only focus on altcoins, ETH is the most successful smart contract platform that owns the largest base of fans compared to other altcoins. The current market cap of Ethereum is over $200 Billions and the this will be more likely to increase in the long term. Can ETH be considered as the King of Altcoins ? What do you think ? Please let me know.
It is obvious that ETH is the king of altcoins and there is little discussion to be had about this, there were other coins that tried to challenge that supremacy during the previous bull runs and they simply failed to surpass it despite some glaring issues with ethereum, like the high fees, and despite all of that ETH is still the king of altcoins, and now that its developers are actually trying to fix some of those issues then I see little hope of this changing anything soon.
legendary
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March 14, 2023, 01:38:30 PM
#28
When you think of any altcoins, any or most of the investors will first think Ethereum except maybe for the newbies who only know only one altcoin.

Now to answer your question, Ethereum is King of Altcoins? I don't consider it as a King or whatever it is at all. I think using the word "King" to an altcoin is kind of irrelevantat all. The word "King" is being used to a male person or maybe some animals, but not on an altcoin or any coin.

Let's not make it more complicated at all. Let's just say that Ethereum is the top altcoin in terms of market cap.
Whether it's relevant or not is just an analogy, it doesn't refer to any gender. I also call Bitcoin the King OF Crypto because bitcoin is the reference for all altcoins in cryptocurrency.
ETH is the King of Altcoins, meaning that ETH is the top most popular altcoin at the moment.

There's nothing to complicate the term, just a nickname and anyone can call him whatever.

Ethereum is currently also a reference for all emerging network platforms, and ethereum has a Layer 2 to Layer 3 network, that's quite an extraordinary development.
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March 14, 2023, 12:52:35 PM
#27
It is a fact that Ethereum is well known crypto token that is on second number after bitcoin. It is very trustworthy like Bitcoin but it can never come more successful than bitcoin. Among altcoins Ethereum is the foremost option and everyone rushes in bearish season to buy Ethereum. for long period if time holding of Ethereum is very crucial for maximizing the profit.
legendary
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March 14, 2023, 12:28:28 PM
#26

There is no doubt that Bitcoin is the King of cryptocurrencies. If we only focus on altcoins, ETH is the most successful smart contract platform that owns the largest base of fans compared to other altcoins. The current market cap of Ethereum is over $200 Billions and the this will be more likely to increase in the long term. Can ETH be considered as the King of Altcoins ? What do you think ? Please let me know.

Yes! Atleast according to me! The way bitcoin is considered as the king of cryptos because it has all started with bitcoin, similarly ETH is the pioneer in smart contracting. So it enjoys a huge support from the global community. So it is the king of altcoins for sure.

Also with the movement to POS algorithm, the fees has come down to an acceptable level. So it has all potential to stay as a king and most sought after altcoin.
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