An altcoin is a cryptocurrency that is not Bitcoin. The term originally referred to the cryptocurrencies on the market other than Bitcoin, but now it often refers to any cryptocurrency other than Bitcoin.
Altcoins are created by taking advantage of a new technology or innovation, or by using a new approach to an old problem.
Altcoins are a type of cryptocurrency that is based on blockchain technology, like Bitcoin or Ethereum.
Stellar Lumens (XLM): The protocol’s native asset is called Lumens. It acts like a global value system that lets people build low-cost financial services for themselves.
Decentraland (MANA): Decentraland is a virtual reality platform powered by blockchain technology.
Ripple (XRP): Ripple is a digital currency or cryptocurrency. The currency, XRP, has been designed to be used by banks & other financial institutions as a settlement network between themselves.
Cardano (ADA): Cardano is a blockchain project that is working to create a next generation, or 3.0, blockchain.
BabyDoge (BABYDOGE): The BabyDoge is a utility token, based on the ERC-20 standard. The project’s goal is to build a better, more sustainable and compliant digital currency.
Shiba Inu (SHIB): The Shiba Inu Coin is an ERC-20 token and a community of Shibas that believe in the power of Dogecoin.
There will be other cryptocurrencies that will also emerge as contenders but they won’t surpass Bitcoin in popularity or value.