If you’re just getting started with cryptocurrency, you’ve likely heard the term Altcoin. If you’re not sure what exactly altcoins are, or why they are important, take a few minutes to read through this brief explanation. Strictly speaking, an altcoin is any crypto coin or token that ...
What is altcoin season? The term "altcoin season" refers to a period in the cryptocurrency market when several altcoins have price surges exceeding those of BTC and fiat currencies like the US dollar. The first instance of an altcoin season occurred during the apex of Bitcoin's journey in ...
Stablecoin is just one example of an altcoin, but there are more than 4,500 different cryptocurrencies in circulation. Some others worth mentioning include mining-based cryptocurrencies and security and utility tokens. Why would someone choose cryptocurrency over other currencies?
Bitcoin was the category creator of crypto-currency and got everyone excited with huge movements in theBitcoin price. That is what happens when it goes from $0.05 to $1,200 in four years. Millionaires get minted! With the initial innovation has come an explosion of'alt-coins'. Bitcoin is ...
Whether that ever comes to pass, this decentralized platform is one of the best cryptocurrencies for gamblers. In this article, we are going to introduce you to Ethereum – one of the most fascinating projects in the cryptosphere. It is often called the “primary altcoin” and aims to build...
Did you know?The name “Bitcoin” is a combination of “bit,” the smallest unit of data, and “coin,” referring to traditional currency. Altcoins Any cryptocurrency other than Bitcoin, including Etherand Litecoin, is called analtcoin. These alternative coins offer various improvements or diffe...
One example isAltcoin Daily, which is a great channel supplying super informative videos on a daily basis. Additionally, theBitcoin subredditis the place to go to connect with the vibrant Bitcoin community. So there’s your “getting started” blueprint. Once you’ve finished these three steps...
Litecoin is an early altcoin developed by former Google engineer Charlie Lee in 2011. It has been referred to as "the silver to Bitcoin's gold" and was the 3rd largest cryptocurrency by market cap at its height. Because its structure is similar to Bitcoin's, it has been used as a test...
What is an Altcoin season? An altcoin season, or altseason, is a period when altcoins surge in value, surpassing Bitcoin in performance. An altcoin, or alternative coin, is a cryptocurrency that is not Bitcoin. Altseasons are usually driven by a shift in the liquidity of the crypto market...
What Is An Altcoin? The “alt” in altcoin means “alternative.” In very simple terms, an altcoin refers to any cryptocurrency that is not Bitcoin. As with a regular crypto,altcoins use blockchain technologyin its transactions. The number of altcoins in the market is unclear: some reports...