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.
Yes.
That's what the majority believes for Ethereum. While bitcoin is the king of all cryptocurrencies and the market then ETH is specifically the king of altcoins.
You may think of any other altcoins that's being considered as the king of alts but, the sole basis right now is the rankings that they get from websites like cmc that we used to visit and that's basing through their market capitalization.
People definitely think Ethereum is the king of altcoins and even think Ethereum has way more opportunity than Bitcoin. Here are three reasons why Ethereum is eventually going to surpass Bitcoin. The first and most important reason we are all here is that there's way more money to be made on Ethereum than Bitcoin; there's way more opportunities; there are way more altcoins; and there are way more gains. Number two, Bitcoin has a proof-of-work consensus mechanism that's extremely energy-intensive. To secure the network, it requires about a country's worth of energy. Number three security, or decentralization, on Bitcoin is its big selling point. That's pretty much an illusion; people still control it; miners control it; there's always going to be control in the block chain, no matter what. There are people I know who trust Ethereum more than Bitcoin.