Is ETH the King of Altcoins ?

[peter0425]

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.

Once again Ethereum is showing how dominant it is to prove that ETH is the king of altcoins and here is the proof https://coinmarketcap.com/currencies/ethereum/  because it is now near crossing 4k again like what this brings when it reaches ATH.

I don't think so, but ETH is already the king of altcoins. especially if you look at market capitalization and ethereum developers continue to improve themselves so that ethereum gets better. that alone is enough to make Ethereum the king of altcoins.

what part is that you don't think so? because the question is simple as if ethereum is considered s the king of altcoin .

Yes ether is king of altcoin.

+1 here.

[JeffBrad12]

I don't think so, but ETH is already the king of altcoins. especially if you look at market capitalization and ethereum developers continue to improve themselves so that ethereum gets better. that alone is enough to make Ethereum the king of altcoins.

if we are talking about the gas fee in which maybe the developer can do something about it then I guess, i guess it somehow could raise the ethereum position as you have stated earlier.
the thing though there have been many efforts and overall the current problem are nowhere to be solved.
the l2 instead of taking off some transactions instead making eth fee high as well you see the contract that these L2 used to submit their transaction to the L1 its always becoming among the top gas guzzlers, though arguable because of these L2 people could make their transaction in the L2 and get cheaper fee but it doesn't resolve the problem that ethereum L1 is having.
the gas fee right now minimum is 50 gwei floating around that to 100 which is kinda massive. to be honest not to mention ethereum nearing all time high just make things worse.

[tengui]

for now there is no doubt to say ETH is the king of altcoins, but in the future there may be an altcoin that can beat ETH and become the new king of altcoins. nothing is impossible because technology continues to develop and innovation continues. Every time there are new altcoins that emerge bringing the latest innovations and more sophisticated technology. yes I know it probably won't happen in a short time but in the world of crypto nothing is impossible.

[Tmoonz]

When you think of any altcoins, any or most of the investors will first think Ethereum except maybe for the newbies who only know only one altcoin.

Now to answer your question, Ethereum is King of Altcoins? I don't consider it as a King or whatever it is at all. I think using the word "King" to an altcoin is kind of irrelevantat all. The word "King" is being used to a male person or maybe some animals, but not on an altcoin or any coin

If you may permit to say this because I believe we are all here to learn from each other, for me I don't see anything wrong with use of that work king as attributed to ETH as the king of altcons reason being that words has contextual meaning and denotative and kind in this concept is referring to it's contextual meaning, that is by the way ETH has significantly second Bitcoin from creation and in market capitalization and has stayed long enough without being dump unlike some abandoned projects but has consistently follow Bitcoin back to back in the market capitalization that is one of the reasons why it has been considered as king of altcoins.

[bitzizzix]

Ethereum has been one of the best performing cryptocurrencies or altcoins in the world since the beginning of 2017, and is also the best coin after Bitcoin which is the choice of many investors to create long-term profits. And ethereum deserves to be the king of altcoins now and in the future, because nothing can match it and only speculation will exist and there are altcoins that replace ethereum, but they don't work.
And what I see is that the price of ethereum right now is almost close to $40K and this is an all-time high and it will most likely go even higher. And investors still believe and there will continue to be investors who consider ethereum to be the best investment after Bitcoin in terms of long-term profits. And I'm talking about profits and also popularity, which is exactly what it is.