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Topic: Is ETH the King of Altcoins ? - page 6. (Read 2635 times)

full member
Activity: 854
Merit: 100
July 13, 2023, 05:00:26 AM
ithink yes eth is the king of alts and the 2nd for me is bnb the next eth. thats whay iam still holding bnb right now. lets beleive on cz . but anyway iam agree in you thats the eth is the king of alts coin. so thats why ifilled my bag and hold it
full member
Activity: 882
Merit: 100
July 13, 2023, 04:15:03 AM
Ethereum is the second largest cryptocurrency after Bitcoin. No other ultracoin compares to Ethereum.  I have always considered ETH to be the king of Altcoins and I believe ETH is the most successful smart contract platform that other altcoins have yet to create such a successful platform. And anyone who prefers Ethereum to invest in Altcoins has the biggest fan base.Ethereum is very popular and I think if the gass fee can be reduced then its investment will increase.I always invest in Ethereum and hold some my wallet.
full member
Activity: 2268
Merit: 121
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July 13, 2023, 02:41:39 AM
I just think that at this point some other coin overtaking ethereum throne as it is right now will be hard.
the disparity in market capitalization alone already reflects how difficults its gonna be for some other coin that hasn't even as established as ethereum to overtake it.
ethereum has become the king of all altcoins to date and so far only BNB has been able to disrupt the movement of ethereum, and even then BNB still has no ability. as you said that until now if we look at the market cap it is clear that ethereum is still at number 2, only below bitcoin. the most important thing is of course that investors still really like ethereum as a very attractive investment, so it really deserves ethereum to be the best for altcoins.
legendary
Activity: 3192
Merit: 1362
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July 12, 2023, 04:10:26 PM
I think Vitalik has built a near-perfect system... Of course, we have some problems. As a simple example, the fee problem due to scaling problems might be one of them. However, even though we have scaling issues, we are still in a safe haven. I think Ethereum is the king of altcoins, but once Vitalik manages to overcome some minor issues like scaling and privacy, Ethereum will be the undisputed king of altcoins.

If ETH puts itself together by addressing scaling and privacy issues, then yes, it will become the undisputed king of altcoins. But it's hard to deal with the "blockchain trilemma" without sacrificing centralization in the long run. You'd have to choose if you want lower fees at the cost of centralization, or keep the high fees while retaining decentralization and censorship-resistance.

I think ETH will choose centralization given the measures it has taken recently (change to PoS, and developers' proposal to increase the minimum staking amount). It's a pity because ETH once stood for crypto's original values. Fortunately, not all hope is lost. The original Ethereum chain (Ethereum Classic) is still with us, so the community has nothing to lose. This chain still uses PoW and it's currently far more decentralized than ETH. Who knows if it grows until it becomes the third-largest chain after Ethereum (ETH)? Just my opinion Smiley
hero member
Activity: 2296
Merit: 504
July 09, 2023, 11:21:15 AM
I just think that at this point some other coin overtaking ethereum throne as it is right now will be hard.
the disparity in market capitalization alone already reflects how difficults its gonna be for some other coin that hasn't even as established as ethereum to overtake it.
legendary
Activity: 2184
Merit: 1131
July 09, 2023, 11:14:49 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 Vitalik has built a near-perfect system... Of course, we have some problems. As a simple example, the fee problem due to scaling problems might be one of them. However, even though we have scaling issues, we are still in a safe haven. I think Ethereum is the king of altcoins, but once Vitalik manages to overcome some minor issues like scaling and privacy, Ethereum will be the undisputed king of altcoins.
full member
Activity: 518
Merit: 100
July 09, 2023, 10:05:25 AM

For now I think Ethereum is just an ordinary altcoin, not a king anymore,
yes we know that Ethereum is still in the top 2 Coinmarketcap and is still the top platform,
but as long as we know that what makes Ethereum not the king anymore is the very high Gas Fees ,
if the Ethereum team fixes the gas fees problem I'm sure Ethereum can be king again.
legendary
Activity: 2072
Merit: 1315
July 09, 2023, 07:44:01 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.
As altcoin that being used massively no doubt that eth can claim that title. Everyone has used eth in quite sometime and still been using to interact to famous dapps that runs to its ecosystem. In terms of transaction I think its way more than bitcoin. Bitcoin only used as peer to peer currency and some accepted it on some establishments but its the same for eth. Bitcoin doesnt have ecosystem for other project unlike them that they can be used for defi and other medium. Yes there are new ones but we cant deny that eth maxis are still bigger combined than those new rising.
member
Activity: 322
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July 09, 2023, 06:26:02 AM
If you want to invest in any other coin other than Bitcoin, you must choose the Alt coin Ethereum. One thing you should keep in mind if you ever invest in Ethereum is that Ethereum Gas Free is a bit high. If we ever want to trade anything in the alt category, Ethereum will surely come to our mind. Ethereum is the most reliable coin.
full member
Activity: 1568
Merit: 100
COMBONetwork
July 09, 2023, 02:03:26 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.

of course I agree that Ethereum is the king of altcoin, because until now Ethereum is still in 2nd position on coinmarketcap, so that proves that there are still many people who believe to investing in Ethereum and using the blockchain from Ethereum, therefore there is no need to doubt that Ethereum is the king of altcoin until now.
Related to that, I think it's clear that so far Ethereum is still the king of altcoins,
investors' trust is still high in Ethereum and that shows that Ethereum deserves to be the king of altcoins,
for BNB maybe the confidence of investors has dropped a little because of the problems with the SEC and hope that it will be resolved soon.
hero member
Activity: 2268
Merit: 507
July 08, 2023, 07:57:07 PM
the fact that there are so many second layer solution created solely for the sake of solving eth gas fee and using ethereum natively for the gas fee i think will massively increase the dominance that ethereum has been having ever since until today to even greater heights. I just think that ethereum dominance will not get replaced by some other altcoins anytime soon.
full member
Activity: 826
Merit: 104
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July 08, 2023, 07:36:44 PM

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 I agree that Ethereum is the king of altcoin, because until now Ethereum is still in 2nd position on coinmarketcap, so that proves that there are still many people who believe to investing in Ethereum and using the blockchain from Ethereum, therefore there is no need to doubt that Ethereum is the king of altcoin until now.
jr. member
Activity: 58
Merit: 4
June 29, 2023, 06:30:40 AM
Ethereum is still the king of the altcoins but lately it has lost some shots, however it is closely followed by other altcoins such as bnb, algorand, matic, optimism ready to undermine it from the leadership
sr. member
Activity: 2366
Merit: 267
Vave.com - Crypto Casino
June 29, 2023, 03:15:02 AM
You already share answer but this true btc and eth both king the crypto market. Some people have been leave erc20 network but not leave buying eth. Eth gas fees very high so a new project Won't use it even they have choice bsc network. It's really a bad effect for eth platform where many investor sentiment decreased significantly.
it seems that everyone is always trying to avoid using the erc20 network due to the fees charged which make it quite difficult for those who want to transact on it. although I agree that eth is still very popular because it is indeed very reliable and very worthy of being a profitable investment to date. it must even be admitted that eth is a coin under btc which is highly sought after and in demand for investment.
so if many say that eth is pinned as the king of altcoins, of course it is not an extraordinary thing and has indeed been recognized until now.
full member
Activity: 1050
Merit: 100
Vave.com
June 26, 2023, 02:34:44 PM
You already share answer but this true btc and eth both king the crypto market. Some people have been leave erc20 network but not leave buying eth. Eth gas fees very high so a new project Won't use it even they have choice bsc network. It's really a bad effect for eth platform where many investor sentiment decreased significantly.
full member
Activity: 672
Merit: 100
June 26, 2023, 01:40:28 PM

Ethereum is not a king and only an altcoin that depends on Bitcoin,
it is clearly seen in 2023 that the era of Ethereum has ended after switching to PoS, Even the price of Ethereum dump or increase does not affect other altcoins,
yes of course this is good because every altcoin will have each way, and of course it also depends on its development.
there are many things related to this problem and we cannot judge from one side only. currently the altcoin with the largest market capitalization is ETH and very busy transactions on the ETH network make the gas fee on the ETH network increase dramatically.
with this fact am I wrong if I say ETH is the king of altcoins?
You're not wrong with your speculation but we can't say ETH as the king of altcoins, we can say ETH as the king if their development of ETH 2.0 was completed but the fact ETH gas fee is still high and many people complaint about high gas fee this matter that make other altcoin build innovation which is better than ETH and giving solution for al problem on crypto
full member
Activity: 1064
Merit: 101
June 22, 2023, 10:26:10 PM
If anyone want to make trustworthy and secure investment with altoins then the first name they will found is eth cause Eth is definitely the most brightest star in Crypto industry after Bitcoin. Eth belonging in this industry since years long and it make People satisfied with its blockchain, fast transactions and large marketcap with incredible value. Others altcoins are still far away if compare with eth
yes i also think bitcoin has taken the next position erh. i think if someone is looking for coins to invest in altcoins i would say first you can invest in eth. but i think it will take a better position in future but its  It will take some time for the price of eth to rise just as the price of bitcoin starts to increase.
Basically we don't need to doubt Ethereum after all it is the king of altcoins,
when the price of Bitcoin increases then the price of Ethereum will also experience the same thing,
so stay patient and long term investment will be very suitable.
jr. member
Activity: 1162
Merit: 7
June 22, 2023, 10:18:28 PM
So far, with Ethereum performamce (as seen by its position on the Coinmarketcap) it can well be said to be leader or in your own terms "King of Altcons". With its smart contracts innovation, Etheeum is great among all the altcoins. However, we should take note that there are many unique innovations in the cyptocurrency space, so for Ethereum to continue being King of Altcoins, the Ethreum team have to continue building on Ethereum. If the team decides to rest on their oars, they may see Ethereum being overthrown over time. So far, in my opinion, Ethereum team is really hard working, making Ethereum stand out as a unique altcoin - King of Altcoins.
sr. member
Activity: 840
Merit: 267
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June 21, 2023, 11:25:21 PM
If anyone want to make trustworthy and secure investment with altoins then the first name they will found is eth cause Eth is definitely the most brightest star in Crypto industry after Bitcoin. Eth belonging in this industry since years long and it make People satisfied with its blockchain, fast transactions and large marketcap with incredible value. Others altcoins are still far away if compare with eth
yes i also think bitcoin has taken the next position erh. i think if someone is looking for coins to invest in altcoins i would say first you can invest in eth. but i think it will take a better position in future but its  It will take some time for the price of eth to rise just as the price of bitcoin starts to increase.
full member
Activity: 709
Merit: 100
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June 21, 2023, 04:41:29 PM
If anyone want to make trustworthy and secure investment with altoins then the first name they will found is eth cause Eth is definitely the most brightest star in Crypto industry after Bitcoin. Eth belonging in this industry since years long and it make People satisfied with its blockchain, fast transactions and large marketcap with incredible value. Others altcoins are still far away if compare with eth
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