Altcoin
Altcoins, short for “alternative coins,” refer to all cryptocurrencies other than Bitcoin. These digital assets have emerged to address specific challenges or provide unique features that Bitcoin does not offer. From payment-focused tokens to blockchain platforms for building decentralized applications, altcoins play a vital role in diversifying and expanding the cryptocurrency ecosystem.
The altcoin market is a space of rapid innovation, but also one of high volatility. Understanding the unique use cases and potential of each altcoin is key for navigating opportunities in this dynamic market.
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