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.