Will a new king of the cryptocurrency market will come?
The new king of the crypto market is not coming. Bitcoin is often compared to Ethereum and various predictions are made about the future of these assets. But these coins were initially positioned as completely different projects from each other and there is no point in considering them as competing products. Ethereum has already confidently taken its second place in the market and will remain so. Ethereum is the basis of blockchain products and the main foundation of the modern blockchain industry, while Bitcoin is an exchange investment asset.
Bitcoin will always take the lead and this has happened a lot of times. Others thought that Ethereum could be on top replacing Bitcoin but it didn't happen. Ethereum has huge potential but Bitcoin will always be consistent and will remain on top because it's the king of all cryptocurrencies. All altcoins including Ethereum will always rely on it.
Back then when the market was way smaller some people really thought that ethereum had a chance to surpass bitcoin and become the most dominant coin in this market, but since then a lot of things have happened and now we do not see those discussions anymore, and it is not difficult to see why, after ethereum got incredibly close to surpass bitcoin the distance between the two coins has become immense, and even if ethereum has reached new all time highs in terms of fiat it has never come close to surpass its all time high in bitcoin terms and I think it is reasonable to assume that it will never do.
That was 2017, still very early for crypto market and bitcoin. And with so many FUD back then with bitcoin, it went down hard and the Ethereum rises up, that's small chance for Ethereum to take over didn't materialized though. But it was a good and scary to see that time, when we thought that Bitcoin will lost everything. But this two crypto, became dominant up to this time, and that is the most important. Bitcoin the top crypto and then Vitalik's Ethereum, although a lot of competition as well, become the best Dapps and altcoin.