Definition
Any cryptocurrency other than Bitcoin. The term combines 'alternative' and 'coin' to describe the thousands of digital currencies that have launched since Bitcoin's creation.
Why It Matters
Understanding altcoins helps investors diversify beyond Bitcoin and evaluate different blockchain projects with unique technologies and use cases.
Example
Ethereum (ETH), Solana (SOL), and Cardano (ADA) are all examples of altcoins.
Related Terms
Bitcoin
Token
Ethereum