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Author Topic: Is ETH the King of Altcoins ?  (Read 2957 times)
Sebas.tian
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March 20, 2023, 03:58:59 AM
 #101

Yes, Ethereum can be considered as the king of altcoins because the price of Ethereum has increased to a level were other altcoins price has not reach that made traders to rate Ethereum the king of altcoins.  Based on the massive pumping of Ethereum some years ago, has made many people to quit other altcoins investment to joined Ethereum investment, because their teams are very active in making Ethereum pump like Bitcoin. I don't think, any altcoins can take the position of Ethereum in this season because the price of Ethereum is preparing to increase higher to remain in the second position among other cryptocurrencies.

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March 20, 2023, 04:23:47 AM
 #102


I am not really a big fan of Ethereum though I surely admire its thin-looking founder named Vitalik Buterin, a young and a genius visionary ahead of his time and is now a multi-billionaire on his own right. Now, can we consider Ethereum to be the King of the Alts? Yes I think we can bestow that official title on its head and there is no need for any ceremony to do we just have to look at the numbers for that matter. Ethereum is the heir apparent to Bitcoin which remains to be the King of Crypto. And am sure together they will have many more mountains to climb alongside with other known alts also doing powerful stuffs for the cryptocurrency market.

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March 20, 2023, 11:34:04 AM
 #103

It is no doubt taking a big position in the cryptocurrency space today. I've also been an early ETH investor so I can see the problems they're in right now. Maybe in the future there will be a new candidate who is strong enough to take this position, but previously ETH was too strong.
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March 20, 2023, 12:18:02 PM
 #104

Ethereum stood over the years and remained firm and continues to grow and innovate. If Ethereum is the most valuable altcoin then it must be the king of altcoins, right? And if we take a look at the top cryptocurrencies, many of them are side chains, layers, forks, and projects that are also connected with Ethereum. That says a lot about how influential and important Ethereum is to the world of crypto. So it is a yes, absolutely Ethereum is the king of altcoins.

My portfolio also has Ethereum and it is my 2nd most accumulated coin next only to Bitcoin.

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March 20, 2023, 02:03:54 PM
 #105

there is no doubt, for now, yes eth is the king of altcoins because it is ranked number two after bitcoin, but we cannot predict the movement of the crypto world, it is possible that eth's position will be replaced, or even bitcoin's position replaced by another, better altcoin in the future ahead later

Preferring a coin that you like is better but if you have a lot of money it is better to try all things virtual currency because you can't know that the graph will go down or up if anything happens. no one can predict exactly the price in the next hour. Everything is just an estimate and looking at the charts that have happened in the past or before and convince yourself that there will be an increase or decrease.

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March 20, 2023, 02:34:59 PM
 #106


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 it's better to write  ethereum is the top altcoin, not the king, because eth is not a movable/animate object,
as we know eth is the largest network for altcoins, in terms of value even now it is still good, so its position as the top altcoin cannot be shifted by any altcoin at this time.

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March 20, 2023, 03:30:42 PM
 #107

it's true that coin eth is the king of alcoins because coin eth has potential and you can hold coin eth in the long term I noticed that only coin eth has survived besides coin bnb until now and many investors are still confident in coin eth they are waiting for the price of coin eth to rise and that's for sure will occur.

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March 20, 2023, 03:48:29 PM
 #108


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.
Seeing is believing. Ever the Ethereum was created no altcoin was able to match it potentially because it's the first altcoin that introduced something new into the cryptocurrency world while others are imitating the Bitcoin concept. The altcoin that would have been in the Ethereum position is Litecoin but the naivety of the coin creates spoil everything.
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March 20, 2023, 09:16:21 PM
 #109

YES! It sure is for me!

In times of volatility, the only crypto that is less volatile than ETH is BTC.
The risk is a bit bigger than BTC but the reward also greater.

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March 20, 2023, 10:18:24 PM
 #110

Ethereum is the largest smart contract platform and one of the most successful altcoins with a significant market capitalization. Whether it can be considered the "King of Altcoins" is subjective and dependent on personal opinions.

I would have to say yes, it's a king. But as we know from the history, Ethereum also can we dethroned. Just give it a time.
For the same reason that it has one of the larget chain in this industry its market price is one of the lewding when it comes on both uptrend and downtrend, simply showing how influential it is, in this industry. We could really say yes if it is among altcoins given that this coin is also believed to be next to Bitcoin, but only with some aspects. Other coins are still having a higher rate of increase during bullrun but that's another story and will be depending on investor's preference. But in terms of overall sustainability in the price charts, for sure Ethereum will always be at the top. It even has almost the same market price pattern as Bitcoin. Simply proving that it is one of the best asset in cryptoindustry.

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March 20, 2023, 11:16:05 PM
 #111

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
Ethereum is a good project and is one of the best altcoins for now. The market is going and Ethereum is going to move well with time looking at the way people are investing in it. The market is still moving and by the time Bitcoin reaches like $100k, Ethereum will reach like $20k by then. Let's watch out how everything will play out.

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March 20, 2023, 11:20:57 PM
 #112

even though sometimes eth position get overtaken by some coin, this has happened quite many times in the past, but right now the fact that there are many blockchain implementing the same concept that's like ethereum basically using EVM just gonna strengthen ethereum position, the money flowing to the second layer like optimism etc, eventually, it will strengthen ethereum.



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March 20, 2023, 11:26:02 PM
 #113

Of course Ethereum is the king among altcoins. Because currently the price of all coins has not increased in the growth of the Bitcoin market, but the price of Ethereum has increased with the price of Bitcoin. And if there is any second investment coin after Bitcoin investment, it is definitely Ethereum. For those of you who think Ethereum investing is risky, I don't think so. I always consider Ethereum investment as safe investment as Bitcoin.

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March 21, 2023, 01:05:52 PM
 #114


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.
Ethereum's gas fees were fixed when it was created, so there is no way to edit this network now, so high gas fees must be accepted by everyone if anyone wants to use the ETH network.  But Ethereum 2.0 may solve this problem but how effective it will be is also unknown to us. But hopefully Ethereum 2.0 will solve this gas fee issue.  And if this high gas fee problem is solved, the popularity of Ethereum will increase, otherwise BSC chain will go further and compete strongly with Ethereum.

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March 21, 2023, 01:24:28 PM
 #115

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
Nothing lasts forever in this world, so does crypto, even though Ethreum has been number two in the crypto world for a long time, but one day a new innovator will appear who will come up with new innovations in the crypto world that will change many things, including who will being number 1 or 2 and so on and who will be the next king is one who not only excels in market capitalization but also provides innovation to make the crypto market healthier.

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March 22, 2023, 06:25:48 AM
 #116

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
Nothing lasts forever in this world, so does crypto, even though Ethreum has been number two in the crypto world for a long time, but one day a new innovator will appear who will come up with new innovations in the crypto world that will change many things, including who will being number 1 or 2 and so on and who will be the next king is one who not only excels in market capitalization but also provides innovation to make the crypto market healthier.

No one denies that ETH can not be replaced or surpassed forever but that just won't happen that soon. Your comment is quite general and lacks supporting evidence or analysis. Please add more in-depth points next time. Thanks.
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March 22, 2023, 05:38:55 PM
 #117

In my opinion, Ethereum is the king of altcoins. ETH is one of the most well-known altcoins on the market and has a strong community of developers and users. Additionally, ETH has unique features that set it apart from other altcoins, such as its ability to support smart contracts and decentralized applications (dApps). In fact, many of the most popular dApps on the market are built on top of the Ethereum blockchain.

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Cling18
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March 22, 2023, 05:55:39 PM
 #118

In my opinion, Ethereum is the king of altcoins. ETH is one of the most well-known altcoins on the market and has a strong community of developers and users. Additionally, ETH has unique features that set it apart from other altcoins, such as its ability to support smart contracts and decentralized applications (dApps). In fact, many of the most popular apps on the market are built on top of the Ethereum blockchain.

Ethereum has been in the crypto space for a long time and we have seen its potential through different market seasons so its capability is undeniably high. But I don't think having an altcoin king is necessary because there are also high-potential altcoins that might surpass Ethereum in the future. Ethereum will always be on top but we should not disregard how other top coins could reach the same achievement that it has.
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March 23, 2023, 03:03:42 AM
 #119

In my opinion, Ethereum is the king of altcoins. ETH is one of the most well-known altcoins on the market and has a strong community of developers and users. Additionally, ETH has unique features that set it apart from other altcoins, such as its ability to support smart contracts and decentralized applications (dApps). In fact, many of the most popular apps on the market are built on top of the Ethereum blockchain.

Ethereum has been in the crypto space for a long time and we have seen its potential through different market seasons so its capability is undeniably high. But I don't think having an altcoin king is necessary because there are also high-potential altcoins that might surpass Ethereum in the future. Ethereum will always be on top but we should not disregard how other top coins could reach the same achievement that it has.
among other altcoins, ethereum is indeed at the top, again the same as bitcoin, ethereum has high trust, so we can see it has the largest capitalization among other altcoins. Even though many new projects have switched to blockchain because of the high fees at that time, Ethereum remains second in CoinMarketcap to date. so that it becomes one of the altcoins that is suitable for long-term investment

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March 23, 2023, 04:39:19 AM
 #120


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.

King can be dethrone so maybe I will support that King word for Ethereum because this cannot hold that permanently and will change in the future .

and also if we will base in the ranking and the trading volume ? no doubt that this is Ethereum and nothing more(as of the time we are talking)

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