#AltcoinBoom Altcoin refers to any cryptocurrency other than Bitcoin. These coins emerged as alternatives to Bitcoin and often aim to improve its limitations or offer additional features. Altcoins run on different blockchain technologies and serve various purposes, from enhancing transaction speeds to enabling decentralized applications (dApps).

Key Features:

Alternative Blockchains: Operate on networks like Ethereum, Binance Smart Chain, or Solana.

Faster Transactions: Many altcoins offer quicker and more efficient transactions than Bitcoin.

Diverse Use Cases: Some are designed for smart contracts, decentralized finance (DeFi), or non-fungible tokens (NFTs).

Popular Altcoins:

1. Ethereum (ETH): The leading platform for smart contracts and dApps.

2. Litecoin (LTC): Known for faster and cheaper transactions than Bitcoin.

3. Cardano (ADA): Focuses on scalability and sustainability for blockchain networks.

Altcoins play a crucial role in expanding the cryptocurrency ecosystem by offering innovation and improved functionality over Bitcoin.