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Topic: Is ETH the King of Altcoins ? - page 8. (Read 2635 times)

hero member
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Leading Crypto Sports Betting & Casino Platform
May 31, 2023, 01:04:08 PM
ETH is good but BNB is king for now. Maybe ETH was once the king of ALtcoins but the GAS Fees problem is a classic problem on the Ethereum network. It is very difficult if you have to pay eg $ 6 to make transactions worth $ 50. Those are not GAS Fees at this time. I'm just giving an example because I haven't made transactions on the Ethereum network for a long time.
BNB has not replaced the current ETH position, so your only assumption is that BNB is the choice for the king position but the fact is that ETH is still leading and irreplaceable, the gas problem on the ETH network has not been resolved due to the large number of ETH transactions at the same time and when transactions are congested on the BNB network will probably experience the same thing too.
sr. member
Activity: 1428
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https://duelbits.com/
May 31, 2023, 12:37:25 PM
ETH is good but BNB is king for now. Maybe ETH was once the king of ALtcoins but the GAS Fees problem is a classic problem on the Ethereum network. It is very difficult if you have to pay eg $ 6 to make transactions worth $ 50. Those are not GAS Fees at this time. I'm just giving an example because I haven't made transactions on the Ethereum network for a long time.
sr. member
Activity: 1414
Merit: 361
May 31, 2023, 11:50:07 AM
ETH had first mover advantage. It’s been adopted to the point that until devs clearly see something else that will do better for them, they’ll stay on ETH.
The issues on ETH is only about gas issues are supposed to be taken care.
With the Gas problem that hasn't been solved until now it disrupts the ecosystem in Etherum,
last time I used to be an Ethereum user and even trading on Etherdelta or Forkdelta was very comfortable,
but now because of the high Gas problem making it impossible to do, just imagine as king altcoin Ethereum has very high gas very high isn't this a joke? .
wait a minute, isn't the gas fee on ETH high because transactions on ETH are very busy? this can be proven if at certain hours the gas fee in ETH drops dramatically. this is not a joke, the fact is that even though the gas fee in ETH is very high but there are still many people who use it.
The gas fee of ETH sometimes increases a lot because of this it takes a lot of time to deal with many problems. But now the gas fee of ETH is in a very good condition. The popularity of ETH is very high because of which everyone trades in ETH even after the gas fee is high by doing
full member
Activity: 1092
Merit: 100
May 31, 2023, 08:49:48 AM
ETH had first mover advantage. It’s been adopted to the point that until devs clearly see something else that will do better for them, they’ll stay on ETH.
The issues on ETH is only about gas issues are supposed to be taken care.
With the Gas problem that hasn't been solved until now it disrupts the ecosystem in Etherum,
last time I used to be an Ethereum user and even trading on Etherdelta or Forkdelta was very comfortable,
but now because of the high Gas problem making it impossible to do, just imagine as king altcoin Ethereum has very high gas very high isn't this a joke? .
wait a minute, isn't the gas fee on ETH high because transactions on ETH are very busy? this can be proven if at certain hours the gas fee in ETH drops dramatically. this is not a joke, the fact is that even though the gas fee in ETH is very high but there are still many people who use it.
full member
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COMBONetwork
May 31, 2023, 08:30:06 AM
ETH had first mover advantage. It’s been adopted to the point that until devs clearly see something else that will do better for them, they’ll stay on ETH.
The issues on ETH is only about gas issues are supposed to be taken care.
With the Gas problem that hasn't been solved until now it disrupts the ecosystem in Etherum,
last time I used to be an Ethereum user and even trading on Etherdelta or Forkdelta was very comfortable,
but now because of the high Gas problem making it impossible to do, just imagine as king altcoin Ethereum has very high gas very high isn't this a joke? .
full member
Activity: 924
Merit: 100
May 30, 2023, 11:08:44 PM
ETH had first mover advantage. It’s been adopted to the point that until devs clearly see something else that will do better for them, they’ll stay on ETH.
The issues on ETH is only about gas issues are supposed to be taken care.
sr. member
Activity: 1106
Merit: 421
May 30, 2023, 09:02:37 AM
in 2016-2020 Ethereum can be said to be the king of altcoins, because there are lots of altcoins built on the Ethereum network,
but starting in 2021 Ethereum no longer has a good ecosystem, because currently there is Binance Smart Chain which can be said to be the most successful rival of Ethereum,
yes, because the Gas Fees from BSC are cheap, BSC is currently popular with users, even the ecosystem of BSC has started to grow.
I don't really understand that for what purpose you are actually take the BNB to Ethereum position. If you consider the market volume and the pricing then you will see that Ethereum is much ahead from the BNB. But it true that BNB was one of the best Cryptocurrency who are doing really good fast improvement. But that's doesn't mean that it is take over the Ethereum position. If we talk about the 2021 condition the there will also be seen that volume of Ethereum market is the second position after bitcoin and top in the altcoin. Even then I also think that from the security Ethereum is the best choice after bitcoin.
member
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May 30, 2023, 08:21:55 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.

Ethereum is the most popular crypto asset after Bitcoin. Ethereum was developed with the aim of creating decentralized applications on the Ethereum network. Ethereum price is more stable compared to other Altcoins. I think Ethereum should be the king of Altcoins.
hero member
Activity: 2128
Merit: 655
Leading Crypto Sports Betting & Casino Platform
May 30, 2023, 07:44:19 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.
in 2016-2020 Ethereum can be said to be the king of altcoins, because there are lots of altcoins built on the Ethereum network,
but starting in 2021 Ethereum no longer has a good ecosystem, because currently there is Binance Smart Chain which can be said to be the most successful rival of Ethereum,
yes, because the Gas Fees from BSC are cheap, BSC is currently popular with users, even the ecosystem of BSC has started to grow.
Lol. Binance Smart chain is very popular only for small investors and small projects. But professional and big projects still use ethereum network. and big whale investors are also more bullish on Ethereum. And the value of Ethereum is several times higher than BNB. ETH's market cap is 230.21 billion in today's market but BNB's market cap is only 48.92 billion which is few times less than ETH. So how do you drop ETH from the king list and favor BNB?
newbie
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May 30, 2023, 07:25:33 AM
And which are the others, BetterCrypto, that you see usurping ETH besides BNB and SOL?
full member
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Combo Network
May 30, 2023, 06:24:44 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.
in 2016-2020 Ethereum can be said to be the king of altcoins, because there are lots of altcoins built on the Ethereum network,
but starting in 2021 Ethereum no longer has a good ecosystem, because currently there is Binance Smart Chain which can be said to be the most successful rival of Ethereum,
yes, because the Gas Fees from BSC are cheap, BSC is currently popular with users, even the ecosystem of BSC has started to grow.
member
Activity: 322
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Tontogether | Save Smart & Win Big
May 30, 2023, 12:00:56 AM
Ethereum (ETH) has long been regarded as one of the most influential and significant cryptocurrencies in the market. Its introduction of smart contracts and decentralized applications (DApps) revolutionized blockchain technology and opened up new possibilities for the development of decentralized finance (DeFi) and other applications. ETH's market capitalization and widespread adoption by various projects and developers have solidified its position as a leading altcoin. However, the cryptocurrency market is dynamic and ever-evolving, with new projects and technologies emerging regularly. The term "king of altcoins" is subjective and can be subject to change as market dynamics shift over time. It is essential to conduct thorough research and stay informed about the latest developments to make informed judgments about the current status of cryptocurrencies.
hero member
Activity: 2268
Merit: 507
May 29, 2023, 07:46:15 PM
i will only make investment in ethereum if it got real massive correction though, with my relatively smaller capital i doubt my investment would be meaningful if i invested at just ordinary times like these, but that doesn't mean ethereum is overall bad, it's just that sometime its value is too high for some to make meaningful return from the investment.
jr. member
Activity: 98
Merit: 2
May 25, 2023, 03:36:54 AM
ETH is indeed the king of Altcoins and BTC is the king of Coin / Altcoin. For ETH itself Investors have never had any doubts about ETH even though its value is currently declining and that is reasonable in my opinion because it follows developments in market values. This is not a problem that means eth holders because they know the performance and potential behind this Vitalik coin will definitely rebound and ATH will return.
everything will be the same as what you said, that it must be admitted that until now eth is still the best for altcoins, and always gets its portion, even though there are many good altcoins, all investors still hope for eth until now. it seems very difficult and irreplaceable, although maybe BNB could very well become eth's rival in the future. if bitcoin improves, then you can be sure that all the best altcoins will also follow and it's not unusual and so far it has been like this, when bitcoin reaches ATH it will also be followed by the best altcoins.

I am interested in your statement saying that BNB will be ETH's Rival. My view is still very far. BNB's younger brother, Eth, is unlikely to quickly overtake ETH's position as the King of Altcoins, even though it has a large number of users. Investors are now very proficient in determining their long-term investments. The choice is exactly the king of coins and the king of altcoins.

Agreed. Although BNB is becoming ETH's potential rival but still has a long way to go. In terms of contribution to the whole industry, ETH is the indisputable winner over BNB. Investors are far more cautious than we expect and that's why Bitcoin and ETH have remained on top for so many years. The king of coins and the king of altcoins are indeed the crowns they deserve. I don't see any change any time soon.
member
Activity: 349
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Ultimate Launchpad on TON
May 24, 2023, 10:28:02 AM
I agree if someone says ETH is the king of altcoins. There is currently no altcoin with a market cap as big as ETH, and I don't think it will be replaced in a short time. I am very amazed, even with very high network fees there are still many people transacting on the ETH network. I think this is enough to show how successful ETH is right now.

Yes. even though gas costs are high and have been a major topic issue for a long time but this ETH coin still feels very comfortable when invested by both individuals and large investors, they don't even hesitate to buy more especially during a decline like now because of the fast rebound. Yes. same for me, ETH is well deserved and deserving of it.
sr. member
Activity: 1204
Merit: 253
Undeads.com - P2E Runner Game
May 24, 2023, 09:57:49 AM
You've laid out reasons why you think Ethereum should be considered as "King of Altcoins", but do we really need an Altcoin King? Let's just agree to the fact that presently Ethereum is the number one Altcoin at the moment. By tomorrow other Altcoin can be number one.

While the concept of an "Altcoin King" is not a formal title or designation, it is often used colloquially to refer to the leading altcoin in terms of market capitalization, adoption, developer activity, and overall influence within the crypto ecosystem. Presently, Ethereum holds that position due to its significant market share, widespread usage, and the extensive range of decentralized applications (DApps) and smart contracts built on its platform.
newbie
Activity: 210
Merit: 0
May 24, 2023, 08:22:10 AM
I don't use Ethereum as an investment. Too much capitalization.
And so, undoubtedly, ETH is the king among altcoins with its technological product
sr. member
Activity: 2268
Merit: 263
May 24, 2023, 08:17:39 AM
ETH is indeed the king of Altcoins and BTC is the king of Coin / Altcoin. For ETH itself Investors have never had any doubts about ETH even though its value is currently declining and that is reasonable in my opinion because it follows developments in market values. This is not a problem that means eth holders because they know the performance and potential behind this Vitalik coin will definitely rebound and ATH will return.

To be honest so far Ethereum is our second choice for investing apart from Bitcoin, Ethereum is the right Altcoin if you want to invest considering that Ethereum has very good quality so far while it is in the top Altcoin, and we are at least relying on a declining market to continue to earn Ethereum because of this we think is very good.
sr. member
Activity: 831
Merit: 286
Binance #Smart World Global Token
May 24, 2023, 06:51:41 AM
Correct. I agree with you that until now there is no other altcoin that can replace ETH as the king of altcoins. And even when the transaction fees on the ETH blockchain network are high many altcoins are trying to capitalize on the momentum to kill ETH but are ultimately unable to compete with ETH either.
Many other blockchain coins provide low transaction fee solutions but have no impact on the rating of ETH coins, they don't have a better product than ETH in any way, so ETH coin is the king of altcoins and is the best option for investment besides BTC, adding BTC and ETH in the portfolio is the best investment choice in the long term.
full member
Activity: 612
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Sugars.zone | DatingFi - Earn for Posting
May 24, 2023, 06:26:16 AM
Indeed, ETH is the king of altcoins. Even since ETH was launched, ETH has immediately become the most favorite altcoin among investors with such a good concept offered, even since its launch ETH has immediately taken second place on coinmarketcap. Therefore, until now there has not been a single other altcoin that has been able to replace ETH as the king of altcoins let alone displacing it from second place in coinmarketcap.
After ETH is released no other altcoin concept can replace even though some there are other popular project concepts but only temporary hype so its popularity will decrease after the hype decreases, so any concept of old and new projects will not replace ETH, even some blockchain network based projects will only popular when transaction ETH fee is high only for optional choice.
Correct. I agree with you that until now there is no other altcoin that can replace ETH as the king of altcoins. And even when the transaction fees on the ETH blockchain network are high many altcoins are trying to capitalize on the momentum to kill ETH but are ultimately unable to compete with ETH either.
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