Is ETH the King of Altcoins ? - page 20.

avikz

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Quote from: FireDAOJackie_Z on March 14, 2023, 02:22:29 AM

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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Quote from: FireDAOJackie_Z on March 14, 2023, 02:22:29 AM

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 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.

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Quote from: FireDAOJackie_Z on March 14, 2023, 02:22:29 AM

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 yes because eth is coin number 2 in market cap moreover many people say eth is bitcoin killer but we have to know bitcoin is king of crypto we have to accept that but eth can also be said king of altcoins.

bots1

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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.

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I just think bitcoin is the king of cryptos and nothing else. I don't consider ETH the king of altcoins but it's okay for people to think of it that way because it's up to each person's perception. And we also can't blame those who say that because they must have other reasons.

We don't know whether ETH's position in the second number will be replaced in the future. So maybe at this time, ETH can be said to be the king for altcoins but still, all altcoins will follow the movement of bitcoin, including ETH.

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Quote from: FireDAOJackie_Z on March 14, 2023, 02:22:29 AM

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's not wrong to think this way, because for now, the best altcoin still belongs to ethereum. this proves that ethereum's position is still number two in CMC or CG. having a second place in that place means having a lot of advantages. So, if this is the throne, then ethereum can be called the king of altcoins for now. However, that does not mean that the king of altcoins cannot be replaced. this is the throne up for grabs. I remember that XRP also beat Ethereum on CMC. however, it was not for long. well, this is a contested throne and can change at any time. however, for now, ethereum can be called the king of altcoins.

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Maybe for now yes second or next into Bitcoin. But there are other altcoins that are ready to replace ETH in its rank now in my opinion.

Others have probably noticed this too, Some of those lined up in my line-up that can usurp ETH's position are Bnb, Solana at others.

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That's right, I can say that Ethereum is the king of Altcoins, because of him Altcoin innovations were raised and growing and making more developers able to develop their own tokens more easily and quickly.

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Quote from: FireDAOJackie_Z on March 14, 2023, 02:22:29 AM

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.

Looking at the last few years and also right now i would definitely say, that Ethereum is the king of all altcoins. As you say, you just need to look at the current marketcap of the cryptocurrency projects and it is already obvious that Ethereum is by far the biggest crypto project, besides Bitcoin itself of course. It's marketcap is more than 4 times higher than the one of Binance.
I also think that ETH is the king of altcoins for another reason. ETH was the project, that invented smart contracts, which was probably the biggest and most important thing that happened in the crypto space since it was invented. Without smart contracts we would not have Defi, NFT's, Tokens. Dexes and so on.

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Quote from: FireDAOJackie_Z on March 14, 2023, 02:22:29 AM

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 in a sense, ETH can be called "King of Altcoins", when measured in terms of capitalization, cost and user community. Will it always be like this? Unknown. If another project becomes more popular and more expensive, and most importantly, finds a better application among mankind, then the "King of Altcoins" ETH will no longer be. So, this can be called a temporary and passing title, for the time being.

In fact, no matter how you call this or that project, the main thing is the acceptance of this by the user community and the presence of usefulness.

Apocollapse

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How can no one will not say ETH is the king of altcoins when ETH is always become the second largest market cap before BTC? People consider second largest market cap is the king of altcoins, so whenever ETH didn't reach maintain the current position at top 2, you will see a lot articles and users in this forum will saying x coin beat ETH and it's become the new king of altcoins. There's a high chance a coin can overtake ETH, but it's impossible if BTC get beaten by altcoins.

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Actually for me personally when talking about altcoins I don't like to say there is another raj here because in my opinion everything is definitely the same, namely altcoins there are no kings or anything else.
It's just that I think everyone will agree when we talk about altcoins, then indeed in the minds of most people, of course, they will remember Ethereum there. But again there is no king in altcoins for me because everything stays the same.

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Quote from: FireDAOJackie_Z on March 14, 2023, 02:22:29 AM

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.

To some extent yes.Ethereum gave a serious impetus to the development of cryptocurrencies and introduced the concept of smart contracts thanks to which so many different tokens and projects have appeared today.So we can say that he is the king.

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Ethereum is definitely the Prince of the crypto world. Bitcoin is King & will never be challenged for top spot but Ethereum can definitely lay claim to being second in command. It’s a good coin with many trade pairings so lots of other alts run off Ethereum.

I see Ethereum having a long term, successful future. It is a safe investment which if you hold long term, i am quite certain you will be very profitable.

vitya1982

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Right now yes, of course. It's the top 2 crypto for a reason, it was revolutionary and a lot of tokens work on its blockchain. But people are right, it can be dethroned, but I don't see any real competitors now.

GEMIN_M4

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We don't need an altcoin king, I lost interest in Ethereum the moment they abandoned the Proof of Work algorithm, they decided to go centralized after they implement Proof of Stake and now the SEC is calling Ethereum a SECURITY, I somehow believe that this is a problem for the project on the long run, Vitalik have given the government the power they need to trample on ETH. I thought the POS will fix the high gas fee but it still the same, they should have stayed on POW.

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Quote from: cafee_orange on March 14, 2023, 04:35:32 AM

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.

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Quote from: FireDAOJackie_Z on March 14, 2023, 02:22:29 AM

-snip-
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.

Everyone's measure of success varies. Each altcoin provides multiple success stories of its holders or adopters, so they have their own favorite altcoins. After all, the competition between altcoins is not over yet and development is still continuing.

I think the title as "king" changes with every hype. During the nft hype, many creators were using smart contract PoS systems due to more sustain scalability, and then ETH surprisingly hardforked to keep up with the competition.

cafee_orange

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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.

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Ethereum is the second largest cryptocurrency in terms of market capitalization after bitcoin. And ethereum is one of the well-known and most popular altcoins because it is part of the choice of investors after bitcoin and also works with the help of blockchain technology like bitcoin.
so ethereum can be said to be the king among other altcoins although actually this is only because of the biggest market capitalization and also the top altcoin which is very popular and also reliable in terms of long term profits after bitcoin, and usually both are in relation to the market, Bitcoin is the father of all cryptocurrency currency and Ethereum is the mother of all cryptocurrencies.

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