Is ETH the King of Altcoins ?

[Marvell1]

For now we could agree ethereum is top of altcoin right now. Many projects use ethereum network and it is so popular. But, there is no guarantee that ethereum will stay on it throne maybe someday any coin will replace it place.

If you say so, then even bitcoin has no guarantee that it won't be replaced by another coin in the future. To me, bitcoin was the creator of the crypto industry, but it was ETH that helped the market grow and become what it is today, most of the altcoin market was born out of ETH. ETH plays an extremely important role in the crypto industry.
Bitcoinists always think that ETH is also shitcoin, but they forget one thing if those who invest ETH early, they also have success and profits, not inferior to those who invest in early bitcoin. As an investor, don't be too stubborn to ignore great opportunities, as long as they can generate profits, don't ignore them.

[Xal0lex]

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.

ETH has always been and remains a major altcoin in the crypto industry. With all the flaws and questionable actions on the part of developers, ETH's utility is still strong and so are ETH's fundamental qualities. There have been a great many ETH killers over all this time, offering lower fees, more stable blockchain performance, speed, and scalability, but developers always choose ETH because it is number 1 both among smart contract platforms and among all altcoins.

[abel1337]

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.

ETH has always been and remains a major altcoin in the crypto industry. With all the flaws and questionable actions on the part of developers, ETH's utility is still strong and so are ETH's fundamental qualities. There have been a great many ETH killers over all this time, offering lower fees, more stable blockchain performance, speed, and scalability, but developers always choose ETH because it is number 1 both among smart contract platforms and among all altcoins.

True. With all the competitors, They just can't afford to beat ETH because of they just built the foundation of ETH right. From the users, developers and those former miners, most of them just can't abandon ETH for the better copycats. Maybe one day, There will be a altcoin project that will surpass ETH in terms of volume, users and the community trust but as of now ETH is the reigning king of altcoins and I don't think that it will be replaced by any altcoins easily. ETH is just unbeatable today if we talk about community trust.

[Wiwo]

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.

ETH is definitely the king of altcoins.  And ETH chain is very popular and powerful chain and it is widely used.  However, due to the increase in the price of eth, its gas fees have increased significantly.  Which is why smaller companies are moving away from the ETH chain.  But no matter what ETH will always be the king of altcoins. And for long time investment, ETH is preferred by investors after Bitcoin.  And when one is interested in investing in altcoins one must think of ETH first. and this is the truth

High gas fees have been the major scalability challenge for ethereuem and even though ethereum chain is highly suitable for other project development but the cost of carrying out transactions on the network and also how network congestion have made a transaction to take a longer time and cost high.

-Even though the network migrated to ethereuem 2.0 and was expected to solve so many networks issues it still looks as if nothing had really changed and same problem is being faced and that is why developers are now looking to other chains for their token development even though ethereuem is king.

[SquallLeonhart]

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.

Well no doubt about that, although many altcoins out there have a good smart contract either but in the journey Ethereum takes almost all events in the market and still standing until now. I hope that Ethereum will keep at good performance since there are a lot of new competitors out there if Ethereum can't keep up then it will step down from being the top altcoin.  

I think ethereum wouldn't really be worried about it considering it has a marketcap more than the double of anyone that is even close to it, so it is not really going to be that much of a tough thing to keep its position.

I understand that people keep talking about potentially taking that place, and there are many coins that wanted and even tried it, but we all know that ETH is so far ahead that it would take other projects maybe do 10x while eth doesn't move an inch, which is very very unlikely. This idea gets more popular during the bull periods because we see projects grow to a high place, and ETH has huge marketcap so it can't go up as much as those, but they forget that the higher you go, the less price increase you get.

[trendcoin]

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 definitely the king of altcoins. Quality projects still prefer Ethereum, although it has some disadvantages. I don't think we will be the determinants and decision makers on this issue. As long as developers continue to prefer Ethereum, it will continue to be king. If this choice had been left to us as the masses, the king of altcoins could be TRX. Fortunately, there are quality projects and future-thinking developers. :)

[lalabotax]

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.

For me, I accept Ethereum as the king of altcoins. So far, Ethereum is always following Bitcoin. Although there are tons of altcoins and latest technology and better considerations I still believe Ethereum to be the best altcoin for me. although BNB is probably coming, others are also like Matic, SOL, and others, for me, Ethereum still becomes the best one.

[umbara ardian]

Looking to a long-term future, I have absolute faith in ETH and those who are building.
Perhaps many people will agree with me on this, with a familiar product, it will be difficult for us to change our usage behavior to new things, even though it may be better than some features.
But the general situation of altcoins that I see when the community is not strong enough, they are very susceptible to fluctuations from different factors,
eg: pump/dump altcoins rudely!

[Luffygroove]

ETH can be considered as the King of Altcoins, as it has been the most successful and widely adopted smart contract platform with a large fan base and market capitalization. However, the term "King" is subjective and may vary depending on individual preferences and priorities. While ETH is a strong contender, other altcoins such as Binance Coin (BNB), Cardano (ADA), and Solana (SOL) also have their unique features and potential. Ultimately, it is important to do thorough research and consider various factors before making any investment decisions.

[wiss19]

Ethereum is not a king but it is the most popular coin next to bitcoin in cryptocurrency, the term king is not so accurate, but in terms of ranking and any other uses ethereum is the second most trusted next to bitcoin maybe we can say that it is the leading altcoin.

Do you know that Altcoins are all those tokens or coins apart from Bitcoin, so calling Ethereum the king of Altcoins would simply mean that it is the most popular one after Bitcoin which isn't wrong at all. Ethereum has been around for a very long time already and has gained its value and place among the community over all these years.

Ethereum is the home for a lot of famous cryptocurrencies that are created on top of it, and all those tokens and smart contracts created on top of it basically are dependent on Ethereum just like how the whole cryptocurrency market is dependent on Bitcoin.

[tvplus006]

...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.

You yourself perfectly understand the value of Ethereum and therefore answered your same question very correctly. Somewhere I met a wonderful thought that the cryptocurrency market is represented by three players: Bitcoin, Ethereum and other altcoins.

[pantek talacuik]

For now we could agree ethereum is top of altcoin right now. Many projects use ethereum network and it is so popular. But, there is no guarantee that ethereum will stay on it throne maybe someday any coin will replace it place.

Ethereum was one of the coins that was misunderstood as the first virtual currency after Bitcoin so this will continue to be good as the Bitcoin charts go because I picture Ethereum as the queen of Bitcoin and Bitcoin being the king.

[Huppercase]

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.

Some comments are disappointing, some people don't really know the difference between ETH and Ethereum. ETH is the coin I learned while Ethereum is the blockchain itself. ETH has had its success after Bitcoin as alternative to proof of work but we cannot deny it has had rough journey to the way other altcoins have had and moving from proof of work to stake has made it centralized blockchain and another problem I think the blockchain has is the fee, they should do something about the fee it consume to make a transaction, it is not for the average people to use every time.

[cafee_orange]

For now we could agree ethereum is top of altcoin right now. Many projects use ethereum network and it is so popular. But, there is no guarantee that ethereum will stay on it throne maybe someday any coin will replace it place.

meaning that what you say is something that is uncertain where there are other altcoins that will outperform ethereum later. I think what you said is something that is not certain, but if someone says that ethereum is a quality altcoin today and outperforms every altcoin in circulation that is a very certain thing I think, because the fact is true Ethereum for now is the king of altcoins

[coinerer]

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.

ETH is definitely the king of altcoins.  And ETH chain is very popular and powerful chain and it is widely used.  However, due to the increase in the price of eth, its gas fees have increased significantly.  Which is why smaller companies are moving away from the ETH chain.  But no matter what ETH will always be the king of altcoins. And for long time investment, ETH is preferred by investors after Bitcoin.  And when one is interested in investing in altcoins one must think of ETH first. and this is the truth

High gas fees have been the major scalability challenge for ethereuem and even though ethereum chain is highly suitable for other project development but the cost of carrying out transactions on the network and also how network congestion have made a transaction to take a longer time and cost high.

-Even though the network migrated to ethereuem 2.0 and was expected to solve so many networks issues it still looks as if nothing had really changed and same problem is being faced and that is why developers are now looking to other chains for their token development even though ethereuem is king.

Due to the high price of ETH, its gas fees are relatively high.  For example, when the price of ETH was $100 and if its gas fee was 0.0005 ETH, but its value was $0.05, but according to the current price, that amount of ETH is worth $0.89 and the same amount when the price of ETH is $5000.  The value of ETH will be $2.0.  Thus, the price of ETH is increasing along with its gas fee and increasing in relation to the dollar.  And moving beyond our reach. And that's why many users and new companies are choosing BSC and polygon as alternatives to ETH chain

[Dickiy]

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.

when talking about Altcoins I quite believe that ETH is a higher attraction because of success and consistency in its development, ETH is a blue chip among altcoins of course if saying that ETH is the king of altcoins is feasible until today, but maybe there are times when later ETH may become unattractive and something will replace ETH's popularity today, as we know that there are always potential altcoins that are born, many even claim ETH killer, but I don't know when that happened, but what is certain at this time is that the altcoin chart is the most popular. in demand and has a very large community is on the ETH network, so it's only natural that ETH is the king of altcoins at this time.

[Wiwo]

Due to the high price of ETH, its gas fees are relatively high.  For example, when the price of ETH was $100 and if its gas fee was 0.0005 ETH, but its value was $0.05, but according to the current price, that amount of ETH is worth $0.89 and the same amount when the price of ETH is $5000.  The value of ETH will be $2.0.  Thus, the price of ETH is increasing along with its gas fee and increasing in relation to the dollar.  And moving beyond our reach. And that's why many users and new companies are choosing BSC and polygon as alternatives to ETH chain

That is it, Ethereum has fees have been the biggest disadvantages of the network since inception and at the moment, nothing have been done about that, and the gas fees always rise in proportion with the price and any time the price move in one direction the gas fees move in that same direction and this is not only peculiar with ethereum but even Bitcoin network too.

-The issue with gas fees have really affected the scalability of the market because there have not been any development that will solve that problem in the ethereum network and that is the reason for the wide migration to other chains like BSC.

[cryptoknightt]

I agree with your opinion, it is true that currently ETH is the king altcoin but it does not rule out the possibility that ETH can be shifted by other altcoins to take over the current ETH position

[FireDAOJackie_Z]

For now we could agree ethereum is top of altcoin right now. Many projects use ethereum network and it is so popular. But, there is no guarantee that ethereum will stay on it throne maybe someday any coin will replace it place.

If you say so, then even bitcoin has no guarantee that it won't be replaced by another coin in the future. To me, bitcoin was the creator of the crypto industry, but it was ETH that helped the market grow and become what it is today, most of the altcoin market was born out of ETH. ETH plays an extremely important role in the crypto industry.
Bitcoinists always think that ETH is also shitcoin, but they forget one thing if those who invest ETH early, they also have success and profits, not inferior to those who invest in early bitcoin. As an investor, don't be too stubborn to ignore great opportunities, as long as they can generate profits, don't ignore them.

Well done and so far you are the only one who recognizes the fundamental relations between Bitcoin and ETH and their positions in the entire cypto industry. Bitcoin as the creator and ETH as the dominant developer is simple but has been ignored by too many people. The investors must be open-minded and never stick to any stereotyped thinking. Too many people just waste their time focusing on comparison and unnecessary argument and don't ever learn to see things in a whole picture.

[Marvell1]

For now we could agree ethereum is top of altcoin right now. Many projects use ethereum network and it is so popular. But, there is no guarantee that ethereum will stay on it throne maybe someday any coin will replace it place.

If you say so, then even bitcoin has no guarantee that it won't be replaced by another coin in the future. To me, bitcoin was the creator of the crypto industry, but it was ETH that helped the market grow and become what it is today, most of the altcoin market was born out of ETH. ETH plays an extremely important role in the crypto industry.
Bitcoinists always think that ETH is also shitcoin, but they forget one thing if those who invest ETH early, they also have success and profits, not inferior to those who invest in early bitcoin. As an investor, don't be too stubborn to ignore great opportunities, as long as they can generate profits, don't ignore them.

Well done and so far you are the only one who recognizes the fundamental relations between Bitcoin and ETH and their positions in the entire cypto industry. Bitcoin as the creator and ETH as the dominant developer is simple but has been ignored by too many people. The investors must be open-minded and never stick to any stereotyped thinking. Too many people just waste their time focusing on comparison and unnecessary argument and don't ever learn to see things in a whole picture.

Honestly, I'm not a big fan of bitcoin or any other coin. I want people not to forget what our mission is when entering this market, we are here to make a profit, not come to worship or serve something. Investing in bitcoin or altcoins is all about profit, so don't focus on just one thing and ignore bigger opportunities. But investing in altcoins is very risky, so we need to know who we are and what our abilities are, don't be too subjective, and don't invest what we can't lose.