#AltcoinBreakout An altcoin is any cryptocurrency other than Bitcoin. The term stands for "alternative coin" and includes thousands of digital assets built on blockchain technology. Altcoins can serve various purposes: some aim to improve upon Bitcoin’s limitations (like Litecoin or Bitcoin Cash), while others support smart contracts and decentralized applications (like Ethereum, Solana, and Cardano). There are also altcoins focused on privacy (e.g., Monero), stable value (stablecoins like USDC), or specific ecosystems (e.g., Sui, Avalanche). Altcoins offer innovation and diversity in the crypto space, but they also carry higher risks due to market volatility, lower adoption, and less regulatory clarity than Bitcoin.
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