▶️ Any cryptocurrency other than $BTC (Bitcoin) is called an altcoin (short for “alternative coin”).
Purpose:
🚀Most altcoins are created to solve specific problems, like improving transaction speed, enabling smart contracts, or supporting decentralized apps (dApps).
Some of the famous and top performing Altcoins are:
1️⃣ Ethereum ($ETH ETH) : Known for its smart contract functionality.
2️⃣ Binance Coin ($BNB ): Used to pay transactions fee.
3️⃣ Ripple (XRP) : Designed for fast and low-cost cross-border payments.
4️⃣ Solana (SOL) : Known for high-speed transactions and low fees.
5️⃣ Cardano (ADA) : Focused on sustainability, scalability, and academic research.
6️⃣ Litecoin (LTC) : Often considered the "silver" to Bitcoin's "gold".
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