Wednesday, June 14, 2023

What is an ALT coin

Things are changing faster than most realize. Time is flying but the reality is that Bitcoin, crypto currencies, Defi and FinTech are growing at faster rates than any other technology in history. Which is just another example of why websites like this are so important. Rabbit hole after rabbit hole we learn together and together we will survive the economic changes ahead of us.

With that said today is the day you are going to learn about AltCoins. By now you should all know what the idea of Bitcoin represents but just like every other great invention, the creation of the best money we ever had has also spawned thousands of other creations.

Creations and inventions like Shiba, Doge, Polygon and Ethereum became household names as the crypto market peaked in 2020. Most crypto nerds already know the difference between Bitcoin and the rest. Bitcoin is the original.. the top of the class, apex of the jungle. Everything else is considered an Alternative coin, hence the short version Alt Coin. Shiba, Doge, Polygon and Ethereum are all Alt coins.

Everyday this is a new developer creating a new coin, blockchain or NFT. This niche is really growing in market cap even while the economy struggles and most of the best developers are finding better paying jobs in the industry. So you know its just a matter of time before we have a global metaverse with a crypto currency , maybe even a Alt coin at the center of it all.

Finding the right Alt coin early coin change your life so your are strongly encouraged to do your own research and find the out as much as you can about the new money, new laws and new way of transacting.