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Is ETH the King of Altcoins ?
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Topic: Is ETH the King of Altcoins ? (Read 2679 times)
batang_bitcoin
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Re: Is ETH the King of Altcoins ?
December 03, 2023, 06:55:08 AM
#361
Quote from: Zigabel on December 03, 2023, 06:21:54 AM
After the forth coming Bull run I'm very optimistic ETH will be capped above $200 billion and it has the foremost community and Blockchain amongst other altcoins, it has gained a good level of stability such that can be likened to Bitcoin so no doubts I think it will be fair enough to crown eth the king of alt coins.
No doubt that it is possible because ETH is the 2nd top crypto.
With many projects that are into smaet contracts make it one of the most used and choice of most of them.
And with that, it adds to market cap of ETH that shall be able to achieve such new highs in the upcoming bull market.
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Re: Is ETH the King of Altcoins ?
December 03, 2023, 07:00:10 AM
#362
Quote from: Zigabel on December 03, 2023, 06:21:54 AM
After the forth coming Bull run I'm very optimistic ETH will be capped above $200 billion and it has the foremost community and Blockchain amongst other altcoins, it has gained a good level of stability such that can be likened to Bitcoin so no doubts I think it will be fair enough to crown eth the king of alt coins.
We move according to our plans and principles and we should avoid to follow the trends. We should clear our doubts, bitcoin sits top and volatile just as altcoins in market. I've made thorough research on projects to invest for longterm and my mind falls on Bitcoin and Ethereum. From day one, Ethereum have been regarded as the king of all altcoins, because it's ranked second after bitcoin in all popular exchanges. It's market cap is broad and also follow the road map of bitcoin that doesn't easily get affect by the mere bear season that occur in the market frequently.
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Re: Is ETH the King of Altcoins ?
December 03, 2023, 07:06:01 AM
#363
Quote from: FireDAOJackie_Z on March 14, 2023, 06:22:29 AM
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.
Labeling Ethereum as the "king" of altcoins is subjective, as each legitimate altcoin brings valuable innovations and solutions to the cryptocurrency industry. It's more accurate to consider Ethereum a major player in the space.
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Re: Is ETH the King of Altcoins ?
December 03, 2023, 08:39:58 AM
#364
I think it is quite easy to keep these two coins for all time, Bitcoin as a raw asset and ethreum for fuel and erc-based altcoin activities, how not. L2 eth is currently quite a lot and all call L1 eth as a gas fee for erc-based projects. transaction density although in different segments, but almost every week I use ethereum and bitcoin, I don't care about fees that go up even my thinking is that in the future the price of these two crypto assets can pump two or three times what it is now per piece. function and fundamentals I really believe in, bright in the future (beyond ath) but bigger on my current needs and dependence on ethreum. stock in wallet for favorite tasks.
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Re: Is ETH the King of Altcoins ?
December 03, 2023, 09:38:58 AM
#365
Quote from: Adreman23 on December 03, 2023, 07:06:01 AM
Labeling Ethereum as the "king" of altcoins is subjective, as each legitimate altcoin brings valuable innovations and solutions to the cryptocurrency industry. It's more accurate to consider Ethereum a major player in the space.
Certainly, it is correct to say that labeling Ethereum as a King of altcoins is a subjective matter, and it oversimplifies the diverse landscape of of cryptocurrencies. While it is true that Ethereum has been playing a leading role in altscoins sector, such as introducing ground breaking features of smart contracts, DEFIs, NFTs and many mores since its inception. I can anticipate with cautious optimism that it can deliver impressive performance in upcoming bull run.
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Re: Is ETH the King of Altcoins ?
December 03, 2023, 10:04:00 AM
#366
Quote from: batang_bitcoin on December 03, 2023, 06:55:08 AM
Quote from: Zigabel on December 03, 2023, 06:21:54 AM
After the forth coming Bull run I'm very optimistic ETH will be capped above $200 billion and it has the foremost community and Blockchain amongst other altcoins, it has gained a good level of stability such that can be likened to Bitcoin so no doubts I think it will be fair enough to crown eth the king of alt coins.
No doubt that it is possible because ETH is the 2nd top crypto.
With many projects that are into smaet contracts make it one of the most used and choice of most of them.
And with that, it adds to market cap of ETH that shall be able to achieve such new highs in the upcoming bull market.
Maybe we can agreed tat Ethereum is the king of all altcoins because it has the largest capitalization with one of the biggest use case.
One of my turn off about Ethereum is because of the high network fee that makes it expensive for users to trade with it especially when swapping within the Ethereum Blockchain. We have nothing to do about that since this is how it is going to be for long even with so much speculations that the network fee is going to be minimal with time. Ethereum is a good token to hold for as long as we want.
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Re: Is ETH the King of Altcoins ?
December 03, 2023, 10:25:14 AM
#367
Quote from: FireDAOJackie_Z on March 14, 2023, 06:22:29 AM
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.
That's what I was thinking before, but this time I can't say that ETH is the king of all altcoins here in this field of business. I see a lot of things that are better than ETH, to be honest, and I also see that ETH is outperformed by others because of the expensive transaction fee it has, while others are lower, but the flow and status here in the crypto space are also good.
There are many other altcoins that are more useful than ETH, in my opinion, such as aptos, Trc20, BEP20, and ARB. These are just some of the ones that I have seen that are more advantageous than ETH.
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Re: Is ETH the King of Altcoins ?
December 03, 2023, 08:57:32 PM
#368
Quote from: Bushdark on December 03, 2023, 10:04:00 AM
Quote from: batang_bitcoin on December 03, 2023, 06:55:08 AM
Quote from: Zigabel on December 03, 2023, 06:21:54 AM
After the forth coming Bull run I'm very optimistic ETH will be capped above $200 billion and it has the foremost community and Blockchain amongst other altcoins, it has gained a good level of stability such that can be likened to Bitcoin so no doubts I think it will be fair enough to crown eth the king of alt coins.
No doubt that it is possible because ETH is the 2nd top crypto.
With many projects that are into smaet contracts make it one of the most used and choice of most of them.
And with that, it adds to market cap of ETH that shall be able to achieve such new highs in the upcoming bull market.
Maybe we can agreed tat Ethereum is the king of all altcoins because it has the largest capitalization with one of the biggest use case.
One of my turn off about Ethereum is because of the high network fee that makes it expensive for users to trade with it especially when swapping within the Ethereum Blockchain. We have nothing to do about that since this is how it is going to be for long even with so much speculations that the network fee is going to be minimal with time. Ethereum is a good token to hold for as long as we want.
Yeah, no doubt that the fees for transactions are no longer cheaper but one of the reasons why many have liked it is because for having a very cheap network fee before.
Well, time changes and when a network has promised before to be cheap in transaction fees can no longer stand its promise because of how clogged and high demand transactions on it.
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Re: Is ETH the King of Altcoins ?
December 03, 2023, 09:42:47 PM
#369
Quote from: batang_bitcoin on December 03, 2023, 08:57:32 PM
Yeah, no doubt that the fees for transactions are no longer cheaper but one of the reasons why many have liked it is because for having a very cheap network fee before.
Well, time changes and when a network has promised before to be cheap in transaction fees can no longer stand its promise because of how clogged and high demand transactions on it.
We should not use transaction fee to invest in a coin because if the coin or the project will cause traffic in the future then definitely it create network congestion and once the network of the particular cryptocurrency is congested then the fee must be increased to meet up the traffic. Now that Ethereum transaction fee is very low is because the number of users in the Blockchain are not much as Bitcoin. Bitcoin is recording millions of users while Ethereum is recording hundreds of users so the different is always clear.
If anyone is investing in Ethereum let the person should invest in Bitcoin too because the time when you want to harvest the Ethereum Bitcoin has already given you more profit already.
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Re: Is ETH the King of Altcoins ?
December 04, 2023, 11:53:59 AM
#370
Like btc is the king of altcoins, for me ethereum is the queen but let's say for now, in the future everything can change, why is it the queen? because it has a good smart contract the highest number of ERC20 tokens, the only negative thing is the fees for transactions which can sometimes be very high
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Re: Is ETH the King of Altcoins ?
December 04, 2023, 12:07:46 PM
#371
Quote from: shinratensei_ on December 03, 2023, 12:47:52 AM
Quote from: GlacierBIT on December 02, 2023, 06:01:40 PM
And there were and are many contenders for the place of Ethereum, and all of them did not achieve its greatness, but this does not mean that Ethereum is eternal, everything has its own life cycle. As competitors try to address scalability issues and improve overall efficiency, such projects are vying for kingship, thereby driving innovation in the blockchain space.
doesn't matter whats innovation the news project that is l1 is bringing, they'd still below ethereum because we all know they are inheriting their technology from ethereum and also we all know that ethereum could always have an upgrade that facilitates new technology into merging to their ecosystem.
thats why ethereum will more likely be always number 2 and will still at its position because the other coins aren't good enough to contend against ethereum.
moreover the fact that L2 appearing only adds demands towards ethereum because they are using ethereum as their primary coin for gas fee and many more, im sure ethereum demand will not decreasing anytime soon.
and now the hype for the ethereum network airdrop is extraordinary and other network projects have not been able to beat the ethereum network even though the community is willing to pay the high costs they need. I think it is very difficult to beat ethereum's rank it is very difficult in terms of volume alone, it is very large
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Re: Is ETH the King of Altcoins ?
December 04, 2023, 01:27:26 PM
#372
Ethereum (ETH) has certainly established itself as a dominant player in the cryptocurrency market, often referred to as the king of altcoins. Where Ethereum crossed $2200 in today's market. I understand that some people see Ethereum as a strong competitor in the world of altcoins. Its smart contract technology and decentralized applications have contributed to its popularity. We know it has solidified its position as the leading platform for decentralized finance, decentralized exchanges and other innovative blockchain-based applications. However, there are many other altcoins in the market that are capable of making a significant impact on the cryptocurrency market. Considering the current market hype, I think Ethereum is the only silent killer alt coin that can hold a unique future paradigm.
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Re: Is ETH the King of Altcoins ?
December 04, 2023, 02:31:58 PM
#373
Quote from: Mate2237 on December 03, 2023, 09:42:47 PM
Quote from: batang_bitcoin on December 03, 2023, 08:57:32 PM
Yeah, no doubt that the fees for transactions are no longer cheaper but one of the reasons why many have liked it is because for having a very cheap network fee before.
Well, time changes and when a network has promised before to be cheap in transaction fees can no longer stand its promise because of how clogged and high demand transactions on it.
We should not use transaction fee to invest in a coin because if the coin or the project will cause traffic in the future then definitely it create network congestion and once the network of the particular cryptocurrency is congested then the fee must be increased to meet up the traffic. Now that Ethereum transaction fee is very low is because the number of users in the Blockchain are not much as Bitcoin. Bitcoin is recording millions of users while Ethereum is recording hundreds of users so the different is always clear.
Cheaper than Bitcoin yes but there are other coins that are cheaper than ETH in terms of fees. But no need for any argument on this, I like ETH but sometimes we can't stand the fees when there's congestion as it goes crazy and becomes more than a dollar or five or even ten.
Quote from: Mate2237 on December 03, 2023, 09:42:47 PM
If anyone is investing in Ethereum let the person should invest in Bitcoin too because the time when you want to harvest the Ethereum Bitcoin has already given you more profit already.
I agree. Before anyone invests in Ethereum, let it known to invest first with Bitcoin and then go ahead to ETH or any other altcoins. A lot of investors do forget to buy Bitcoin because they're too distracted by the influencers, friends and hypes that they can see on the market.
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Re: Is ETH the King of Altcoins ?
December 04, 2023, 02:41:39 PM
#374
NO! Let me explain. The government is after every cryptocurrency and that's why they are shoving CBDC in civilian's throats forcefully. Even if Ethereum manage to break all the record and become the best in altcoins, it will become the government's target alongside Bitcoin. And as we know, Ethereum is centralized and with that knowledge, we can easily say that, if the government wants, they can control it. We don't want that.
Instead of doing that, why not focus on something that is decentralized?
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Re: Is ETH the King of Altcoins ?
December 04, 2023, 03:08:16 PM
#375
Quote from: Essential10 on December 04, 2023, 01:27:26 PM
Ethereum (ETH) has certainly established itself as a dominant player in the cryptocurrency market, often referred to as the king of altcoins. Where Ethereum crossed $2200 in today's market. I understand that some people see Ethereum as a strong competitor in the world of altcoins. Its smart contract technology and decentralized applications have contributed to its popularity. We know it has solidified its position as the leading platform for decentralized finance, decentralized exchanges and other innovative blockchain-based applications. However, there are many other altcoins in the market that are capable of making a significant impact on the cryptocurrency market. Considering the current market hype, I think Ethereum is the only silent killer alt coin that can hold a unique future paradigm.
Ethereum in every expect is the optimal candidate to be called the king of Alts. Atleast for the time being.
Ethereum was the pioneer of sidechain network, smart contracts and decentralized applications. There were already the ideas and Ethereum was the first to implement it.
So, it had a head start than other altcoins. Most people who only considered Bitcoin as a crypto came to know of the Ethereum as an alternative.
Though not the first alt but it was the first alt to get huge institutional investments. And marketcap wise, it's 2nd for most of the crypto history.
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Re: Is ETH the King of Altcoins ?
December 04, 2023, 04:55:09 PM
#376
It is clear that bitcoin is known as the king of crypto market therefore second largest coins with greater percentage of success is known as ethereum so if bitcoin is a king of all crypto coins then it is also true that among altcoins ethereum is on top which is consider as a king among all altcoins as its rate of success is higher than that of other altcoins.
If someone hesitate to put money in altcoins due to disappearing nature so if they see the past of Ethereum then surely they will trust other altcoins too. There are large number of other successful altcoins but the position of Ethereum is not possible to be taken by any other altcoins same is the case with bitcoin as Ethereum is most successful coin among altcoins but it cannot obtain the value of bitcoin.
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atamism
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Re: Is ETH the King of Altcoins ?
December 04, 2023, 05:24:31 PM
#377
Quote from: AnonBitCoiner on December 04, 2023, 04:55:09 PM
It is clear that bitcoin is known as the king of crypto market therefore second largest coins with greater percentage of success is known as ethereum so if bitcoin is a king of all crypto coins then it is also true that among altcoins ethereum is on top which is consider as a king among all altcoins as its rate of success is higher than that of other altcoins.
If someone hesitate to put money in altcoins due to disappearing nature so if they see the past of Ethereum then surely they will trust other altcoins too. There are large number of other successful altcoins but the position of Ethereum is not possible to be taken by any other altcoins same is the case with bitcoin as Ethereum is most successful coin among altcoins but it cannot obtain the value of bitcoin.
Exactly, we can consider Ethereum as the King of Altcoin. Ethereum is the second largest coin since I started like way back 2017, ETH is still the second coin in the ranking. Ethereum have a lot of potential, I think it will have a good run as long as Bitcoin is still moving forward. I will also agreed to you that Ethereum is the most successful altcoin. Yeah Ethereum will not gonna surpass Bitcoin even in a million years.
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Re: Is ETH the King of Altcoins ?
December 04, 2023, 07:48:02 PM
Last edit: December 05, 2023, 07:19:07 AM by Miles2006
#378
I can't really tell if ETH is that good like what almost everyone is saying, I have a friend that invest both in ETH and bitcoin anytime I ask him about his investment he will say fine and have not notice him having problem with both coins.
From what have observe he has never made any bad comment against ETH so I will say ETH is also good but not compared to bitcoin. From my little knowledge ETH is more cheaper to buy compared to bitcoin so ETH give room to investors that cannot afford bitcoin.
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Re: Is ETH the King of Altcoins ?
December 04, 2023, 08:30:02 PM
#379
Quote from: FireDAOJackie_Z on March 14, 2023, 06:22:29 AM
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.
We can all accept that bitcoin is the king of cryptocurrencies while ethereum the king of altcoins, because it is next to bitcoin and not only that, it always has a nice performance just lime bitcoin because it's also reliable, but using other indices as an indicator, we may also say that only the altcoins that currently has a nice performance of recent time should be the king of altcoins and any other that has a nice push could also have the opportunity of taking the best from the previous well performed coin.
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Re: Is ETH the King of Altcoins ?
December 04, 2023, 08:38:48 PM
#380
For now, Ethereum remain the King of the Altcoins and what is surprising is that with all the funding that all these Ethereum killers received including the all these L2s that are receiving attention now, Ethereum is still far ahead, I think Binance chain is the closest to Ethereum, but it has not being able to sustain the growth or catch up
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