Since the inception of bitcoin in 2009, thousands more have sprung up with each of them having their distinctiveness. Bitcoin is often referred to as the king of cryptocurrency each of the other thousands of cryptocurrencies falls under the class of altcoins; be it Ethereum (ETH), Bitcoin Cash (BCH), Ripple (XRP), Litecoin (LTC), Monero (XMR), EOS (EOS), TRON (TRX), etc.
All altcoins have their uniqueness in the sense of how they are mined, their nature (whether or centralized or decentralized), underlying technology, speed of transaction, coin distribution mechanism, etc. Although bitcoin is always used as the yardstick when analyzing an altcoin, some altcoins outshine bitcoin in certain specs. Several altcoins are developed on Bitcoin’s framework.
Altcoins are sub-divided into three categories namely; stablecoins, utility tokens, and security tokens. For example, stablecoins such as Tether (USDT), Binance Coin (BNB), Gemini USD (GUSD), USD Coin (USDC), etc. are known to be less volatile than Bitcoin because they are pegged to fiat currencies. However, some altcoins fall under more than one of these categories. You will find more information in altcoin news category.
Altcoins are getting thumbs up from different quarters for playing a significant role in the expansion of boundaries of blockchain adoption and applications. For example, Ethereum is known for its robust blockchain that enables faster transaction time as well as the creation of decentralized applications (dApps). At the time of launch, most altcoins sell themselves as better alternatives to existing ones and usually attempt to improve on the setbacks of known altcoins.
According to CoinMarketCap, there are over five thousand digital currencies in April 2020 although BTC has a staggering 64% dominance in the crypto market. As a crypto investor and enthusiast, stay tuned to coinspeaker.com to get the latest altcoins news around the world to keep you updated and geared up in the crypto space.
Users can now trade BGB directly on the Ethereum blockchain instead of relying solely on Bitget’s centralized platform.
Solana (SOL) price has risen 8% in the last 24 hours backed by strong whale accumulation and a 52% increase in daily trading volume to $7 billion.
Despite the excitement, JioCoin has drawn criticism regarding its transparency and functionality.
Morpho (MORPHO) soared over 40%, reaching an all-time high of $4.11 on January 17, 2025, following a groundbreaking partnership with Coinbase to offer Bitcoin-backed loans to US customers.
Chainlink (LINK) price jumps nearly 10% as the DeFi tokens heats up. Is this the best opportunity to buy LINK before Trump’s swearing in ceremony?
The rise of Dogecoin towards macro price discovery will rekindle the bullish sentiment of dog-themed meme coins led by Shiba Inu, Floki, DOGS, and Baby Doge Coin, among others.
Tether is eyeing US expansion while awaiting regulatory clarity, ramping up lobbying efforts, and expecting record-breaking profits for 2024.
The surge of Hedera price pushed HBAR market cap above $14 billion with a 100% increase in daily trading volume, making it the 15th largest cryptocurrency.
CAM has a fixed supply of 1 billion and is designed to be a utility token within the Camino Network.
Tether has chosen Ink, Kraken’s Ethereum-based layer-2 network, as the first platform for USDT0, with trading set to begin today at 15:00 UTC.
Analysts highlight similarities to its 2021 Dogecoin bull run, suggesting a potential breakout following the recent 46% correction.
Amid improving network health, the Avalanche price trend reveals a breakout possibility. Will this breakout run reach the $50 milestone?
As Bitcoin reaches new heights above $100k, Kaspa emerges as a standout performer in the mid-cap altcoin sector, backed by significant technical upgrades.
Solana-based meme coin FARTCOIN has surged 25% in the last 24 hours, with a 65% rally over three days.
With the crypto market expecting a Litecoin ETF, the LTC price crossed $118 for the first time in 2025. Will this rally continue to cross $150?