What is an altcoin?

An altcoin is an alternative to Bitcoin – the crypto that started it all. Given Bitcoin’s popularity, many other cryptos have started to capitalize on the crypto craze.

Most of the published altcoins are based on the blockchain technology from which Bitcoin emerged, and this technology already supports safer and more efficient methods of doing business and transferring assets.

With the expansion of cryptocurrency in recent years and the wave of developers and programmers keen to capitalize on the rise of alternative payment systems, the altcoin market is full of choice. Because of this, we’ve narrowed this list down to five of the most famous and hottest coins at the time of this article’s update.

That said, this is where some of the top altcoins can be seen.