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Author Topic: Ethereum remains the king of altcoins  (Read 5685 times)
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July 23, 2020, 07:37:48 PM
 #21

We have etherum bossing altcoins since time past and there has been non replica of any coin that has tried bossing etherum
Just like bitcoin is a king on its own, etherum remains a king on its own too.

Looking forward to the influence of bnb tokens, and okb tokens can have on etherum dominance.

Yeah it is of a truth that ethereum has been dominating the altcoin section for a long time, but I could remember sometimes that Ripple has also tried to overtake ethereum, although this wasn't lasted more than few hours.  There are also other altcoins that are doing well, for example Stellar.  Ethereum needs to continuing developing/improving, otherwise overtaking is very possible.

   XRP is going down, and I wouldn't compare XRP with Ethereum, in any terms. I even believe that market capitalization of XRP
is a manipulation of some kind.
   Ethereum can't be a king, Bitcoin is a king, and we will not see any coin, not even Ethereum replacing it. Ethereum is the platform,
the best we have, and I believe in Ethereum as I believe in some other coins. World is a big place, there is room for all of them,
but Ethereum is the first and it will be the most used in the future.



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July 23, 2020, 07:46:43 PM
 #22

We have etherum bossing altcoins since time past and there has been non replica of any coin that has tried bossing etherum
Just like bitcoin is a king on its own, etherum remains a king on its own too.

Looking forward to the influence of bnb tokens, and okb tokens can have on etherum dominance.
Ethereum is an absolute gem while i do not like comparisons and big statements but i was reading some expert analysis that concluded that ethereum has the potential to give serious competition to btc this bull season in terms of its increasing dominance and value. So hold on and wait for massive surge in ethereum value in next few months.

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July 23, 2020, 07:49:24 PM
 #23

And Ethereum will continue bossing them because it has proven to be better than the other blockchains. Although there have been many blockchains which rose to challenge Ethereum blockchain yet funny enough they are still under Ethereum. Also, I think it would be better for projects to stop challenging each other but Instead work on becoming better and even the best in their own area. Ethereum took a different approach and today it keeps growing, same with Binance exchange, thus once the focus is to remain the best in that area, the platform in question will keep growing.

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July 23, 2020, 07:51:57 PM
 #24

We have etherum bossing altcoins since time past and there has been non replica of any coin that has tried bossing etherum
Just like bitcoin is a king on its own, etherum remains a king on its own too.

Looking forward to the influence of bnb tokens, and okb tokens can have on etherum dominance.

Actually, etherum has always been the king with no altcoin matching its influence or dominance, and more importantly its wide range feature of being extremely easy to use. Bnb and okb can only try, i don't see an exchange token battling etherum for dominance
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July 23, 2020, 07:55:59 PM
 #25

We have etherum bossing altcoins since time past and there has been non replica of any coin that has tried bossing etherum
Just like bitcoin is a king on its own, etherum remains a king on its own too.

Looking forward to the influence of bnb tokens, and okb tokens can have on etherum dominance.

Actually, etherum has always been the king with no altcoin matching its influence or dominance, and more importantly its wide range feature of being extremely easy to use. Bnb and okb can only try, i don't see an exchange token battling etherum for dominance

yeah, for me as well, i do not see BNB or OKB as competition for ETH, maybe some other coins and networks, but i do not expect that centralized exchange coins could de-throne ETH and Ethereum network, it would be a shame, and probably not good for decentralized applications as well
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July 23, 2020, 07:58:42 PM
 #26

In Terms of utility, Ethereum has built the foreground for it to stay in a high position but I do no think I will be for long.
For how many currencies and economies it has o support, plus the transactions or icos ,it I s just not scaling well.

I don't know why happens to it next but there are any competitors that offer better utility like more transactions and services like DAX but don't have a 10 TB Blockchain. ETH is hard to deploy these days and most serious tokens have been looking into alternatives.Word is that even erc20 will be done faster by others. We can only wait and see how long it lasts.

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July 23, 2020, 08:11:55 PM
 #27

ETH has a pretty good performance in the development of cryptocurrency so ETH is very worthy to be called the king of altcoin for now or in the future. The ethereum network has given birth to many projects that have been so successful that ETH has been very influential in the crypto market.

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July 23, 2020, 08:15:24 PM
 #28

Ever since today's surge of ETH, with massive push breaking consolidation zone, most ETH holders per say have been happy, putting up some "ETH to the moon" related posts. I believe this is just lil compared to what we expect in future, let's see how ETH 2.0 plays out. If there is one altcoin I can comfortably hold without having a second thought on long term basis, then it's ETH for sure.

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July 23, 2020, 08:16:15 PM
 #29

And Ethereum will continue bossing them because it has proven to be better than the other blockchains.

Until now, Eth still holding the second spot from the top list of all crypto so he's still getting more support.

Although there have been many blockchains which rose to challenge Ethereum blockchain yet funny enough they are still under Ethereum.

Truth, until they manage to launch their own chain still using Eth system.

Also, I think it would be better for projects to stop challenging each other but Instead work on becoming better and even the best in their own area.

This should be the mentality behind every projects, instead of competing, targeting dedicated venue to be more useful in terms of system.

Ethereum took a different approach and today it keeps growing, same with Binance exchange, thus once the focus is to remain the best in that area, the platform in question will keep growing.

The good thing is, both are excelling from their part and allow investors and supporters to grow with the projects.
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July 23, 2020, 08:29:52 PM
 #30

We have etherum bossing altcoins since time past and there has been non replica of any coin that has tried bossing etherum
Just like bitcoin is a king on its own, etherum remains a king on its own too.

Looking forward to the influence of bnb tokens, and okb tokens can have on etherum dominance.
It seems ethereum is favouring you presently, well if you ask those who buy at 1500$ per Ethereum they will say another thing entirely, ethereum is old and remains the best altcoin but I do wish it goes back to its ATH once again
Those are the people that bought into the fomo which is against the law of investment. Don't jump into the moving vehicle when its already at it highest speed, during those days when ethereum went higher, investors took their funds hoping for a bigger rise but where disappointed. The ethereum upgrade will help the altcoins move faster than expected, the future of this coin will surprise the entire cryptocurrency industry.

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July 24, 2020, 01:34:22 AM
 #31

And Ethereum will continue bossing them because it has proven to be better than the other blockchains. Although there have been many blockchains which rose to challenge Ethereum blockchain yet funny enough they are still under Ethereum. Also, I think it would be better for projects to stop challenging each other but Instead work on becoming better and even the best in their own area. Ethereum took a different approach and today it keeps growing, same with Binance exchange, thus once the focus is to remain the best in that area, the platform in question will keep growing.

You are right better yet no one has created anything https://thedefiant.substack.com/p/ether-is-the-best-model-for-money
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July 24, 2020, 01:43:55 AM
 #32

it can't even to be called as the king of altcoin. Ethereum didn't influence the price of altcoins that were building on their platform. Ethereum is only affecting the price of ERC20 token that were using its own platform.
I may call that as a major crypto is more than enough.

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July 24, 2020, 02:27:13 AM
 #33

ETH has a pretty good performance in the development of cryptocurrency so ETH is very worthy to be called the king of altcoin for now or in the future. The ethereum network has given birth to many projects that have been so successful that ETH has been very influential in the crypto market.
Ethereum has a very special platform and any new project will use this platform to develop, so ETH is undoubtedly the king of all altcoins. However, the value of this coin has remained low during the past year because since the ICO no longer attracted the attention of investors, the coin has been subject to major adjustments. I expect this coin to return to the old ATH again if people feel more confident in this market.

 
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July 24, 2020, 02:37:20 AM
 #34

Ethereum will act as the king of altcoins in following years. It has been growing steady and stably since March this year. When i see someone compare an altcoin with ETH and claim that it will defeat ETH in near future i just laugh because it's a stupid comparison to shill a coin.

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July 24, 2020, 03:08:24 AM
 #35

Ethereum will act as the king of altcoins in following years. It has been growing steady and stably since March this year. When i see someone compare an altcoin with ETH and claim that it will defeat ETH in near future i just laugh because it's a stupid comparison to shill a coin.
There is no altcoin that can compare to Ethereum because this coin always has a very important position in the market. There used to be a lot of coins like BNB, NEO, EOS compared to Ethereum but in the end there was not any victory for these coins. For me, Ethereum will always be the king of altcoin and any comparisons will be lame.
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July 24, 2020, 04:27:41 AM
 #36

Ethereum will act as the king of altcoins in following years. It has been growing steady and stably since March this year. When i see someone compare an altcoin with ETH and claim that it will defeat ETH in near future i just laugh because it's a stupid comparison to shill a coin.
There is no altcoin that can compare to Ethereum because this coin always has a very important position in the market. There used to be a lot of coins like BNB, NEO, EOS compared to Ethereum but in the end there was not any victory for these coins. For me, Ethereum will always be the king of altcoin and any comparisons will be lame.
If you are saying based ont he market valuation and that's true but when you were saying it based on the technical view like the product, platform and anyother, im not sure about that consider about ether has been getting a lot of competitor these days.
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July 24, 2020, 04:33:19 AM
 #37

Ethereum will act as the king of altcoins in following years. It has been growing steady and stably since March this year. When i see someone compare an altcoin with ETH and claim that it will defeat ETH in near future i just laugh because it's a stupid comparison to shill a coin.
There is no altcoin that can compare to Ethereum because this coin always has a very important position in the market. There used to be a lot of coins like BNB, NEO, EOS compared to Ethereum but in the end there was not any victory for these coins. For me, Ethereum will always be the king of altcoin and any comparisons will be lame.
If you are saying based ont he market valuation and that's true but when you were saying it based on the technical view like the product, platform and anyother, im not sure about that consider about ether has been getting a lot of competitor these days.

Yes, there are competitors but still Ethereum is dominant and no one can get close to it.

It's like bitcoin before, there are so called competitions including Ethereum but it remain unscathed after so many attempts. And the trust test for me is the market valuation, top altcoins, the price is getting stronger, liquidity is there, trading volume is up more than any other altcoin besides bitcoin, so what can you asked for?

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July 24, 2020, 06:40:48 AM
 #38

ETH is important infrastruture project, so many alts are working on it. Of course its the king of alts
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July 24, 2020, 07:30:36 AM
 #39

We have etherum bossing altcoins since time past and there has been non replica of any coin that has tried bossing etherum
Just like bitcoin is a king on its own, etherum remains a king on its own too.

Looking forward to the influence of bnb tokens, and okb tokens can have on etherum dominance.

I think BNB coin still needs a long time to defeat ethereum dominance in altcoin, as well as OKB tokens. With the difference in market cap value that is still large, maybe ethereum will still dominate altcoin for a long time because besides ethereum is widely used by new projects, ethereum can be a business need for companies that want to be involved in the cryptocurrency world

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July 24, 2020, 07:32:33 AM
 #40

There were already a few great answers to this point, I just want to add a few news to keep it up to date.

DeFi goes ballistic - https://news.bitcoin.com/ethereums-2020-defi-boom-doubles-active-ether-addresses-but-fees-skyrocket/

Development of ETH2.0 next phase - https://cointelegraph.com/news/eth-20-dev-shares-details-of-upcoming-community-testnet

And a little off-topic here, yield farming explained in simple words - https://www.coindesk.com/defi-yield-farming-comp-token-explained

I think if ETH 2.0 could become the industry standard even outside the fintech and crypto space, it could be the ultimate blockchain solution to go to for the years to come
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