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Author Topic: Is ETH the King of Altcoins ?  (Read 2679 times)
Psynthax
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July 09, 2023, 03:21:15 PM
 #301

I just think that at this point some other coin overtaking ethereum throne as it is right now will be hard.
the disparity in market capitalization alone already reflects how difficults its gonna be for some other coin that hasn't even as established as ethereum to overtake it.

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July 12, 2023, 08:10:26 PM
 #302

I think Vitalik has built a near-perfect system... Of course, we have some problems. As a simple example, the fee problem due to scaling problems might be one of them. However, even though we have scaling issues, we are still in a safe haven. I think Ethereum is the king of altcoins, but once Vitalik manages to overcome some minor issues like scaling and privacy, Ethereum will be the undisputed king of altcoins.

If ETH puts itself together by addressing scaling and privacy issues, then yes, it will become the undisputed king of altcoins. But it's hard to deal with the "blockchain trilemma" without sacrificing centralization in the long run. You'd have to choose if you want lower fees at the cost of centralization, or keep the high fees while retaining decentralization and censorship-resistance.

I think ETH will choose centralization given the measures it has taken recently (change to PoS, and developers' proposal to increase the minimum staking amount). It's a pity because ETH once stood for crypto's original values. Fortunately, not all hope is lost. The original Ethereum chain (Ethereum Classic) is still with us, so the community has nothing to lose. This chain still uses PoW and it's currently far more decentralized than ETH. Who knows if it grows until it becomes the third-largest chain after Ethereum (ETH)? Just my opinion Smiley

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July 13, 2023, 06:41:39 AM
Last edit: July 13, 2023, 07:10:48 AM by lepbagong
 #303

I just think that at this point some other coin overtaking ethereum throne as it is right now will be hard.
the disparity in market capitalization alone already reflects how difficults its gonna be for some other coin that hasn't even as established as ethereum to overtake it.
ethereum has become the king of all altcoins to date and so far only BNB has been able to disrupt the movement of ethereum, and even then BNB still has no ability. as you said that until now if we look at the market cap it is clear that ethereum is still at number 2, only below bitcoin. the most important thing is of course that investors still really like ethereum as a very attractive investment, so it really deserves ethereum to be the best for altcoins.

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July 13, 2023, 08:15:03 AM
 #304

Ethereum is the second largest cryptocurrency after Bitcoin. No other ultracoin compares to Ethereum.  I have always considered ETH to be the king of Altcoins and I believe ETH is the most successful smart contract platform that other altcoins have yet to create such a successful platform. And anyone who prefers Ethereum to invest in Altcoins has the biggest fan base.Ethereum is very popular and I think if the gass fee can be reduced then its investment will increase.I always invest in Ethereum and hold some my wallet.

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July 13, 2023, 09:00:26 AM
 #305

ithink yes eth is the king of alts and the 2nd for me is bnb the next eth. thats whay iam still holding bnb right now. lets beleive on cz . but anyway iam agree in you thats the eth is the king of alts coin. so thats why ifilled my bag and hold it

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August 11, 2023, 05:08:26 PM
 #306

Yes of course btc and etb both are king in this crypto market. So we shouldn’t forget them if we want Safety full investment. We know eth translation people decreasing lot of time but still have there larger investors community. Some time we can notice the price of btc small stable so hope can hype upcoming days.
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August 11, 2023, 05:54:40 PM
 #307

ETH can be considered the king of altcoins for sure. Not because it has a lot of fan base, But it's survived in the long run and also shows significant improvements.

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August 11, 2023, 06:37:22 PM
 #308

Yes of course btc and etb both are king in this crypto market.
ETB? I think you're quickly typing and haven't checked the missed and wrong letter.  Grin

So we shouldn’t forget them if we want Safety full investment. We know eth translation people decreasing lot of time but still have there larger investors community. Some time we can notice the price of btc small stable so hope can hype upcoming days.
What do you mean by ETH translation? BTC going up isn't just all about hype. It's a cycle that we're all aware of.
And you're right that in the next coming days, we're going to see it once more and the price will rise depending on how's the peak will be shown.
That's based on the cycle that we're waiting for.


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August 11, 2023, 07:21:34 PM
 #309

Yes i think ETH is the king of Altcoins there hsa no doubt. Bitcoin is king of all cryptocurrency but Eth is boss of Altcoins. ETH is best smart contract platform we know. And Ethereums marketcap and volume is second largest after bitcoin and biggest of Altcoins. I thik there has no Altcoin competitor in crypto currency market. It’s position 2nd on cryptocurrency market. And this Altcoin being popular day by day. Huge big big investor including on ETH. It’s price was $4800 in 2021. Which was maximum ATH for ETH. Now it’s price near about $1900. I think in future ETH price will hit $10k. So we can tell Ethereum is king or all Altcoin thre has no doubt.

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August 13, 2023, 11:56:06 AM
 #310

Ethereum is the second largest cryptocurrency after Bitcoin. No other ultracoin compares to Ethereum.  I have always considered ETH to be the king of Altcoins and I believe ETH is the most successful smart contract platform that other altcoins have yet to create such a successful platform. And anyone who prefers Ethereum to invest in Altcoins has the biggest fan base.Ethereum is very popular and I think if the gass fee can be reduced then its investment will increase.I always invest in Ethereum and hold some my wallet.

With upcoming network upgrades aimed to improve the Blockchain's transaction capacity, one would expect ETH's position to solidify in the market. The vast majority of alternative smart contract platforms use the Ethereum Virtual Machine (EVM), even though many of them claim to be the next "Ethereum Killer". It's like saying Edge will "kill" Chrome even when it's based on the same engine. Ethereum essentially became the dominant smart contract platform because of its innovations. Not to mention, it was the first Blockchain to offer the ability to write and/or execute smart contracts.

ETH has first mover advantage just like BTC, so it's practically impossible to take it down as the world's second-largest cryptocurrency by market cap. Who knows if many altcoins will die, leaving us with ETH and a few oldies (LTC, DOGE) "to play with"? Just my opinion Smiley

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August 13, 2023, 12:31:25 PM
 #311

Yes i think ETH is the king of Altcoins there hsa no doubt. Bitcoin is king of all cryptocurrency but Eth is boss of Altcoins. ETH is best smart contract platform we know. And Ethereums marketcap and volume is second largest after bitcoin and biggest of Altcoins. I thik there has no Altcoin competitor in crypto currency market. It’s position 2nd on cryptocurrency market. And this Altcoin being popular day by day. Huge big big investor including on ETH. It’s price was $4800 in 2021. Which was maximum ATH for ETH. Now it’s price near about $1900. I think in future ETH price will hit $10k. So we can tell Ethereum is king or all Altcoin thre has no doubt.
Well, long time ago, I think Ethereum has position 1 in the altcoin world. Not even BNB can surpass that. many altcoins have functions like Ethereum, such as BNB, Matic, and others which have several advantages, but until now there has not been a single altcoin that can exceed Ethereum.
It's just that, even though Ethereum currently has the first position in the world of altcoins, it could be replaced by other altcoins in the future.

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August 13, 2023, 03:07:03 PM
 #312

No doubt with Ethereum is the king of altcoin current second largest cryptocurrency after Bitcoin, not only have higher price than other altcoin but also Ethreuem is promotor for all coins network with using ERC20 support. But Ethereum faced difficult with upgrade to 2.0 after this issues have been present last several years, its not change with Ethreum on second place on CMC after Bitcoin standings position due how much transaction volume in daily day and good progress than other altcoin. There are not any competitor for getting Ethereum as king of altcoin like BNB due inconsistent price and not stable yet with transaction volume in daily day.

Ethereum success managed as top standing of altcoin and actually no doubt for labeling Ethereum as king of altcoin, looks not any altcoin will replace second largest cryptocurrency after Bitcoin from ethereum position.

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August 13, 2023, 10:12:37 PM
 #313

ETH can be considered the king of altcoins for sure. Not because it has a lot of fan base, But it's survived in the long run and also shows significant improvements.
Its survival did really made it one of the top altcoins. And being the top altcoin doesn't mean easy for the market but it means that it had gone a lot of trials and tests.

From there, that's how it has gained a lot of fans or let's say the investors that have trusted it and until now, still the 2nd top net worth or in market capitalization is something else and should be recognized.
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August 13, 2023, 10:57:56 PM
 #314

ETH can be considered the king of altcoins for sure. Not because it has a lot of fan base, But it's survived in the long run and also shows significant improvements.
Its survival did really made it one of the top altcoins. And being the top altcoin doesn't mean easy for the market but it means that it had gone a lot of trials and tests.

From there, that's how it has gained a lot of fans or let's say the investors that have trusted it and until now, still the 2nd top net worth or in market capitalization is something else and should be recognized.
As said during the same time period more altcoins have come to the market and have vanished off. This is a proof that ETH is king of altcoins. The market and the development with the ethereum continues in a stronger way. This being the base for the development of most of the altcoins makes it to be the leading altcoin. Amidst strong competence from different centralized altcoins, staying strong in the market isn't an easy task, ethereum had been doing it well.
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August 14, 2023, 01:02:02 PM
 #315


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.

As of this time, Ethereum is undoubtedly the king of altcoins and no way others can catch up wih it in terms of popularity and market capitalization.

Even with their transition from PoW to PoS, there are still many users who are doing transactions in Ethereum, building Dapps, etc.

Although that I do not hold ETH anymore, I am just playing it in various L1s, L2s, L3s, etc., for retroactive drop farming.

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August 14, 2023, 04:52:49 PM
 #316

ETH can be considered the king of altcoins for sure. Not because it has a lot of fan base, But it's survived in the long run and also shows significant improvements.
Its survival did really made it one of the top altcoins. And being the top altcoin doesn't mean easy for the market but it means that it had gone a lot of trials and tests.

From there, that's how it has gained a lot of fans or let's say the investors that have trusted it and until now, still the 2nd top net worth or in market capitalization is something else and should be recognized.
As said during the same time period more altcoins have come to the market and have vanished off. This is a proof that ETH is king of altcoins. The market and the development with the ethereum continues in a stronger way. This being the base for the development of most of the altcoins makes it to be the leading altcoin. Amidst strong competence from different centralized altcoins, staying strong in the market isn't an easy task, ethereum had been doing it well.
No doubt with that.

And what's good with ETH is that it's able to make a lot of better coins today and had owned their own mainnets as well. One perfect example is BNB.

It came from being an ERC20 token and when it has been cultivated and grown, it had launched its own chain and then it's now like an ETH that has its BEP20/BSC network.
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August 14, 2023, 05:15:51 PM
 #317

ETH can be considered the king of altcoins for sure. Not because it has a lot of fan base, But it's survived in the long run and also shows significant improvements.

Not only survival but also being the top-ranking altcoins in the coin market cap.  At the current ranking, ETH is the king of altcoins but I believe this will change soon when other altcoins started to catch up.  After all, we are basing the kingship on how it dominates the market cap.  So being the KING of altcoin is not permanent and oftentimes changes hands as the market goes on.

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August 24, 2023, 05:30:29 PM
 #318

ETH is one of the most popular and influential cryptocurrency projects in the world. It is a platform for creating decentralized applications and smart contracts, and therefore has a large community of developers and users. However, it cannot be said that ETH is the (king of altcoins). Although ETH is one of the leading projects, there are many other cryptocurrencies that also have a lot of popularity and influence in the cryptocurrency market.

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August 26, 2023, 01:08:06 AM
 #319

I agreed with what op thoughts about ether and its long term vision.
Ether is a leading projects which dominating altcoins sector like a king. Ether launched more than a decade ago and still influencing people by providing its blockchain and others facilities. Others altcoins are changing there's position, some gain top then lost value, some get dead but only eth holding its position tightly after Bitcoin. So thers no doubt ether is the true King of whole altcoins sector

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August 26, 2023, 01:30:54 AM
 #320


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.

Presently we could call ETH the king of alts. It's arguably the second most popular crypto after bitcoin and as of market valuation, they are on second spot among volatile cryptocurrencies for years now without any viable competition.
The market valuation of ETH is now 6 times that of it's next competitor BNB. That's a hue gap for BNB or any coins to fill in coming years. Though I believe it's likely for ETH to lose it's position rather than ETH replacing Bitcoin, but it could take 10 more years.



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