💥 What Is Altcoin ⁉️

Altcoins are alternative cryptocurrencies designed to overcome the monopolization of Bitcoin and to address the scalability, decentralization, and security challenges faced by the first and oldest cryptocurrency. Like Bitcoin, altcoins are decentralized in nature, but they also offer better privacy and faster transaction speed.

Altcoins are gaining significant popularity. This is evidenced by the growth rate of the altcoin market capitalization, which has long surpassed that of Bitcoin. Many altcoins are interesting because of the technology and ideas that underlie them, and their investment potential.