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The Rise of Altcoins
While Bitcoin is the pioneer, thousands of other cryptocurrencies have emerged, known as altcoins. Examples include Ethereum, Litecoin, Ripple (XRP), and Cardano. These coins often serve different purposes. For instance, Ethereum allows smart contracts, while Ripple is used for fast cross-border payments. Altcoins bring innovation and competition, offering investors more choices and features than Bitcoin alone.