What is an altcoin?
An altcoin is an alternative to bitcoin – the crypto that started it all. Given bitcoin’s popularity, many other cryptos have launched to try and cash in on the crypto craze.
Most of the altcoins that’ve been released are built on the blockchain technology that spawned bitcoin, and this technology is already supporting more secure and efficient ways of transacting business and transferring assets.
Because of the expansion of cryptocurrency in recent years, and the wave of developers and programmers looking to cash in on the rise of alternative payment systems, the altcoin market is flooded with choice. Because of that, we’ve whittled this list down to five of the most well-known and hotly talked about coins at the time that this article was updated.
That said, here are some of the top altcoins to watch.