What Are Altcoins and Why Should You Care?
Altcoins, or “alternative coins,” are cryptocurrencies other than Bitcoin. Think of them as the diverse cousins of Bitcoin, each designed to improve or expand on what Bitcoin started. Popular examples include Ethereum (smart contracts), Ripple (fast payments), and Cardano (energy-efficient blockchain).
Why consider altcoins? They offer innovative solutions, lower transaction fees, and sometimes massive growth potential. However, they’re also riskier than Bitcoin, so always do your research before investing.
Which altcoins are you watching? Let’s discuss in the comments!