#Altcoin101

Altcoins are any cryptocurrencies other than Bitcoin. They include utility tokens, DeFi coins, meme coins, gaming tokens, and layer-1 blockchain coins. Each altcoin aims to offer features or improvements that Bitcoin doesnโ€™t focus on, such as smart contracts, speed, or specific use-cases.

๐Ÿ”นBitcoin vs Other Coins -

๐Ÿ‘‰ Purpose: Bitcoin = digital store of value; Altcoins = specific functions (smart contracts, payments, gaming, governance, etc.)

๐Ÿ‘‰ Technology: Altcoins experiment with new features: faster transactions, lower fees, unique utilities.

๐Ÿ‘‰ Market Position: Bitcoin is seen as more stable; altcoins usually have higher risk and higher reward potential.

๐Ÿ”น What Should Beginners Check Before Investing?

1. Utility: What real problem does the token solve?

2. Team: Is the team public, skilled, and transparent?

3. Tokenomics: Supply, distribution, and inflation.

4. Community Strength: Active, engaged users show long-term potential.

5. Partnerships & Development: Is the project actually building something?

6. Market Trend: Even good altcoins fall during bad market phases.

๐Ÿ”น Why Are Altcoins So Volatile?

=> Lower market caps โ†’ price moves quickly

=> Hype cycles and speculative trading

=> New technology still evolving

=> Large holders (whales) influence prices easily

Altcoins bring innovation, but they move fast and carry higher risks โ€” so always research before investing.