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.
Injective 3.0 upgrade has passed approval, ushering it into phase one of its deflationary era.
With a fresh rally in the crypto market, bullish anticipations are likely to dominate the narrative. Altcoins are showing signs of recovery, setting the stage for what could be a monumental rally.
In 2024, Dogecoin experienced a remarkable 380% surge, with its market capitalization quintupling during the year.
Ethena protocol reveals an ambitious roadmap for 2025, planning major expansions into TradFi and introducing new products after achieving remarkable growth, with its synthetic dollar USDe becoming the third-largest USD asset in crypto.
Virtuals Protocol recently addressed a vulnerability in one of its audited smart contracts, identified by pseudonymous security researcher Jinu.
As the total crypto market cap excluding Bitcoin and Ethereum crosses $1.1 trillion, Cardano shoots up by nearly 20% this week. Will this result in a new all-time high in the ADA price?
Shiba Inu sees a burn rate surge with over 33 million tokens destroyed in a day, boosting the token’s price by 1.5%.
Solana meme coin Fartcoin (FARTCOIN) claimed a new ATH of $1.45 on Thursday while claiming a valuation higher than 939 companies in the Russell 3000 Index.
Pudgy Penguins (PENGU), a Solana meme coin, has surged by 12%, reaching $0.40, fueled by a strong bullish trend in the broader crypto market.
Tether’s market cap has experienced a sharp 1% decline, falling from $140 billion to $137 billion, following the implementation of the EU’s Markets in Crypto Assets (MiCA) regulations.
Bitcoin dominance has been forming a macro reversal pattern as more investors shift focus to the altcoin industry in anticipation of a major altseason for the next few months.
With meme coins back in bullish town, Brett (BRETT), the best friend of Pepe, is leading the race. The BRETT price reversal is crossing multiple resistances hinting at a new all-time high formation.
Uniswap Labs teased upcoming v4 release, emphasizing features like “Hooks” for customizable swaps and promising advancements.
AI16Z has achieved a $2.581 billion market cap and set a new benchmark for AI-powered tokens on Solana.
The Dogecoin’s Futures Open Interest (OI) increased from $554 million in October 2024, to $2 billion on January 2, 2025, amid rising demand from whale investors.