Altcoin
Definition
Altcoin is a general term describing digital currencies other than Bitcoin in the crypto market.
Altcoin is a term that refers to all digital currencies other than Bitcoin in the cryptocurrency market. Besides Bitcoin, there are many alternative cryptocurrencies that have emerged on the market and have similar or different features. These altcoins; They can have various features such as different use cases, technological innovations, levels of centralization and mining algorithms. For example, Ethereum provides a platform for smart contracts and decentralized applications (DApps), while Ripple offers a network for interbank payment transfers. While Litecoin stands out as an alternative with faster transaction confirmations, Cardano aims to offer a more secure and scalable blockchain protocol. Altcoins often gain or lose value based on Bitcoin s price movements, but are also considered and traded due to their unique characteristics and use cases.
This entry is part of the JrKripto crypto glossary. We explain key terms and concepts to help investors and traders understand the cryptocurrency market. Clear definitions support better decision-making and risk management.
Browse the full JrKripto glossary for more definitions on trading, DeFi, blockchain, and market analysis. Each term includes a short definition and extended explanation to support your research.
The JrKripto crypto glossary explains important terms and concepts so investors can understand the market better. Clear definitions support decision-making and risk management. Each entry has a short definition and, where useful, an extended explanation for quick reference or deeper reading.
The glossary covers a wide range of topics from trading and DeFi terms to blockchain infrastructure and market indicators. You can find terms via search or the term list. Use the related terms section to discover related concepts.
