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Author Topic: Ethereum remains the king of altcoins  (Read 5685 times)
Mdashraf446
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November 04, 2020, 07:30:17 AM
 #141

There are several thousand coins / tokens in cryptocurrency.  They have been divided into two parts.
 1.BTC
 2.altcoin, ETH is the king of altcoin, because most of the coins / tokens depend on the Etherium blockchain.

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November 04, 2020, 07:57:05 AM
 #142

Indeed, Ethereum has always been the king of altcoins, because Ethereum has always been in the second position,
we know that Ethereum's tight competitor is Ripple, but now Ripple is very weak to be in second place,
moreover Ethereum will undergo an upgrade to 2.0, this will be even more interesting.

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November 04, 2020, 01:45:16 PM
 #143

The truth of the matter is that this isn't only an altcoin, it is an entire biological system that has been demonstrating its prosperity for a long time and positively affects the advancement of the crypto circle. Ethereum still the first so there's no debate about it. what's more, obviously the execution of the impending Ethereum 2.0 update especially the Serenity redesign.
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November 04, 2020, 02:01:05 PM
 #144

There is no doubt that Ethereum is still king of the altcoins. For many years many developments have happened that would strengthen the the altcoin and would achieve dominance among them and second to the King of crypto, Bitcoin. With Ethereum 2.0, this will cement further being a leader and a coin that is still trusted by many, many people. If there were attempts by other coins to develop and become a leader in its own right, then nothing has achieved yet what ETH has achieved. And it will stay dominant for many years to come.

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November 04, 2020, 05:47:56 PM
 #145

ETH is hanging tight for death and different altcoins will have its spot, yet I generally realized that ETH is the ruler that won't escape its place. Ethereum still the first so there's no contest about it. what's more, obviously the execution of the impending Ethereum 2.0 update especially the Serenity redesign which is occurring toward the beginning of June 2020 one month from now.


Ethereum 2.0 update is going to be the key for hype during next days for ethereum. I agree that ethereum is still the king of all altcoins and when bull comes ethereum will be the one that reacts first. The other alts will follow etheruem.

here we go. i was not expecting that much fast. ethereum 2.0 announced and altcoins started to raise and follow ethereum. And ironically bitcoin also followed ethereum this time  Grin
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November 04, 2020, 06:10:18 PM
 #146

I am sure many of you will agree that Ethereum will continue to be the king of altcoin because it has a high market cap after bitcoin. But there are other reason that can prove Ethereum will always be ahead of other altcoin and this is exactly what I mean.

In addition to smart contracts, Ethereum’s blockchain is able to host other cryptocurrencies, called “tokens,” through the use of its ERC-20 compatibility standard. In fact, this has been the most common use for the ETH platform so far: to date, more than 280,000 ERC-20-compliant tokens have been launched. Over 40 of these make the top-100 cryptocurrencies by market capitalization, for example, USDT, LINK and BNB.

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November 08, 2020, 03:52:55 PM
 #147

Ethereum is still the first so there's no doubt about it, The performance of Ethereum over the last 90 days has been considerably better and am so sure and certain about ETH being still king of the altcoins.
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November 08, 2020, 09:49:13 PM
 #148

I guess people just prefer the oldy tech over many new techs, that's pointing to Bitcoin and Ethereum, if crypto space is all about better technology bitcoin and Ethereum would have lost their positions long time ago but that's not the case, the grandmasters keeps winning people's heart more than new projects

I think this technology is also a consideration but Bitcoin and ethereum are already known by investors so they are more trusted. In my opinion, investors will not speculate on new technologies that are still in low demand, while ethereum is used by almost all projects in cryptocurrency
Yes, ETH is a time-tested cryptocurrency. Investors need reliability, and new projects are like hype. Therefore, the price of ETH will only rise in the near future. This is a very profitable investment.
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November 08, 2020, 10:00:32 PM
 #149

With many projects using the Ethereum blockchain making Ethereum in very high demand, DeFi projects are currently hype this year,
a lot of using the Ethereum network must indirectly push the Ethereum price up. So the current Ethereum price has gone up to $ 448
which doesn't surprise me. With the immense influence of Ethereum, of course makes Ethereum better than the other altcoins. And
until now Ethereum is still the king of altcoins.

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November 08, 2020, 10:09:32 PM
 #150

considering the fact ethereum has been in the game for long, no other altcoin can shake its dominance. its nothing to wory about, everyone got their balance from ethereum chain, so no matter the concept you introduce , ethereum will remain ontop.
Eth is indeed the top altcoin and establish next to bitcoin.

It is the second valuable crypto because of its uses and platform.

Thats why eth is a good investment and there's more to look forward.

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November 08, 2020, 10:21:07 PM
 #151

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 has dominated the altcoin market since its emergence because of its practical use cases, tokenization, smart contracts and dapps there is still no match for ethereum, we can call it the darling of the market as every individual to every institution wants to use ethereum network for all their needs.

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November 08, 2020, 10:40:15 PM
 #152

BNB is okay too, it's just because ethereum have more better use and huge community support. with the gas fees issue lately they will solve it with the ethereum 2.0. also a lot of platform in blockchain space using ethereum, so yeah
BNB is good but when it comes to the king of altcoins, ethereim will not be dethroned. Ethereum has good update regarding to the transaction fees. The eth 2.0 which everyone seems to wait for a long time pushed price upward. No wonder how ethereum wants to place next in bitcoin and remain to its position. We might expect a comeback ATH price in ethereum because of the recent updates.

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November 08, 2020, 10:56:44 PM
 #153

BNB is okay too, it's just because ethereum have more better use and huge community support. with the gas fees issue lately they will solve it with the ethereum 2.0. also a lot of platform in blockchain space using ethereum, so yeah

Yeah, Ethereum has maintained its position. BNB has focused only on Binance which is a good use case, but Ethereum spans its application to a different field. With the launching of Ethereum 2.0, with more features, I think it's more scalable too, For Ethereum, there are a lot of possibilities and opportunities too.

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November 08, 2020, 10:57:49 PM
 #154

BNB is okay too, it's just because ethereum have more better use and huge community support. with the gas fees issue lately they will solve it with the ethereum 2.0. also a lot of platform in blockchain space using ethereum, so yeah
BNB is good but when it comes to the king of altcoins, ethereim will not be dethroned. Ethereum has good update regarding to the transaction fees. The eth 2.0 which everyone seems to wait for a long time pushed price upward. No wonder how ethereum wants to place next in bitcoin and remain to its position. We might expect a comeback ATH price in ethereum because of the recent updates.
Ethereum is steady now, it's going to $500 again, hopefully it will break that price.

However, we can't guarantee that it will remained the king of altcoins because if we still remember, it was dethroned by XRP for a while last 2018, but looking at the race now and compare both, Ethereum is already far ahead.

Compare also the price of ETH and BCH, there's a big disparity, it seems like BCH was really undervalued at the moment and beaten by ETH in terms of price, their respective ATH was not close so ETH clearly wins the race here.

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November 08, 2020, 11:00:02 PM
 #155

ETH has always occupied at least 30% of my entire portfolio come thick or thin. This reduces the risk of losing all my portfolio to scam altcoin projects, since BTC actually takes at least 50% always. However, this doesn't condemn other altcoin holders, it's always good to hold coins belonging to projects you believe in long term. The major reason why I think ETH will do excessively well in the long run is because many projects depend on ETH blockchain and the team keeps building. I've lost count of DAPPS built on ETH.
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November 08, 2020, 11:11:40 PM
 #156

not only difficult but can be said "will not be". In the past there have been so many altcoins that have tried to replace ethereum but unfortunately they all failed, even though many altcoins have cheaper speeds or fees but everyone has fallen in love with ethereum and will forever remain ethereum as the king of altcoins

The popularity of usage is really not questionable here. Even if at some point, the gas fees are higher, still, people are using this network. Why? Because they are already established in crypto. Though others are trying to address the high fees but they failed to get good number of followers. Also, I think, a lot believes with Buterin's capability. He will not let his platform die for nothing.
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November 08, 2020, 11:21:37 PM
 #157

Until now I don't see any potential coin can beat Ethereum as king of the altcoin. We know since 2017 which many new projects released, almost all of them using Ethereum blockchain, because Ethereum is the king and the most potential if compare to another altcoin. With new technology Ethereum 2.0 will make Ethereum stronger and cant be deposed

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November 08, 2020, 11:23:07 PM
 #158

Until now I don't see any potential coin can beat Ethereum as king of the altcoin. We know since 2017 which many new projects released, almost all of them using Ethereum blockchain, because Ethereum is the king and the most potential if compare to another altcoin. With new technology Ethereum 2.0 will make Ethereum stronger and cant be deposed
Even the known exchange token BNB came from Ethereum until they've finally made their own chain and run their token.

There's no competition for Ethereum if it's the throne for being the top of the altcoins. We can also think that there's no 2.0 before but there's an overwhelming use for its smart contract.

Well see more after the 2.0.

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November 08, 2020, 11:55:00 PM
 #159

ETH has always occupied at least 30% of my entire portfolio come thick or thin. This reduces the risk of losing all my portfolio to scam altcoin projects, since BTC actually takes at least 50% always. However, this doesn't condemn other altcoin holders, it's always good to hold coins belonging to projects you believe in long term. The major reason why I think ETH will do excessively well in the long run is because many projects depend on ETH blockchain and the team keeps building. I've lost count of DAPPS built on ETH.
If your major holding is ETH and Bitcoin then you made the best investment in the cryptocurrency space, there are many projects in the market but how many meaningful projects can be successful in the long run is always a big question and we hardly see many projects that survived the long run and my theory will always be get in and get out safely rather than holding them for a long period.
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November 08, 2020, 11:59:25 PM
 #160

ETH has always occupied at least 30% of my entire portfolio come thick or thin. This reduces the risk of losing all my portfolio to scam altcoin projects, since BTC actually takes at least 50% always. However, this doesn't condemn other altcoin holders, it's always good to hold coins belonging to projects you believe in long term. The major reason why I think ETH will do excessively well in the long run is because many projects depend on ETH blockchain and the team keeps building. I've lost count of DAPPS built on ETH.
If your major holding is ETH and Bitcoin then you made the best investment in the cryptocurrency space, there are many projects in the market but how many meaningful projects can be successful in the long run is always a big question and we hardly see many projects that survived the long run and my theory will always be get in and get out safely rather than holding them for a long period.
Almost every cryptocurrency hodlers portfolio will be having bitcoin and ethereum in large percentage compared to the rest of the cryptocurrencies. This is all because of its growth and the real-time usage. When something has got the real circulation the volume automatically gets boosted and so is the growth.

Ethereum can be stated as the king of altcoins for various reasons, the volume of ethereum will stand against the rest of the entire altcoins. Ethereum served as the base platform for the development of majority of the altcoins available in the market. Right now everyone are keen on the next update which is predicted to make a big pumping in the market. Bitcoin is king of cryptocurrencies whereas ethereum stands next holding the entire altcoins under its control.

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