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.