7 ALT COINS That Are Predicted to Skyrocket +30,000% in 2025 (Christmas Special)
Release: 2024/12/26 04:45 Reading: 0
Altcoin is short for alternative coin, a term used to describe all crypto assets other than bitcoin. Just like bitcoin, each altcoin is decentralized and uses blockchain technology. The term altcoin is also used to refer to tokens, including ERC-20 tokens, the most popular token standard on top of the Ethereum blockchain.
Despite some similarities, each altcoin has its own function. Some popular types of altcoins include mining-based crypto assets; stablecoins or tokens that have the same value as stable value assets such as fiat currency; governance tokens or tokens that represent voting rights in blockchain projects, and so on.
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