Ivan on Tech Academy provides latest insights and reports about the blockchain industry.
Altcoins have been stirring up a lot of noise within the crypto community lately. Alts appear to be setting the scene for this coming bull market, with Bitcoin recently pumping back up to its highest price seen since 2017.
In this article, we're going to explore the different types of altcoins on the market, but more importantly, key factors to help you learn what makes an altcoin valuable, including tips and strategies commonly used to yield high returns on altcoin investments. Firstly, let's start with the basics:
Simply put, an altcoin is an umbrella term for any alternative coin to Bitcoin.
You may see or hear coins being referenced by another category name such as tokens, stablecoins, scamcoins, or shitcoins, but fundamentally they are all different types of altcoins.
Bitcoin was the original cryptocurrency created using blockchain technology. Although the protocol is uniquely valuable, some people thought that Bitcoin was too slow...