Alt Coin Price (ALT)
Alt Coin Price Chart (ALT/USD)
Last updated 15 Jun 2022, 20:36PM UTC. Currency in USD.
|1||KuCoin||ALT / USDT||$0.14589500||0.02%||$1,014,642|
|2||MEXC Global||ALT / USDT||$0.06314000||0.05%||$90,245|
|3||Bithumb||ALT / KRW||$0.37273500||0.47%||$67,075|
|4||Bilaxy||ALT / BNB||$0.00182552||1.00%||$9,630|
|5||Digifinex||ALT / USDT||$0.01677580||0.60%||$3,580|
|6||Indodax||ALT / IDR||$0.19231600||2.08%||$1,424|
|7||Dex-Trade||ALT / BTC||$0.00002881||12.50%||$690|
|8||Dex-Trade||ALT / ETH||$0.00002841||7.14%||$12|
|9||BTCEX||ALT / USDT||$0.37238700||0.03%||$559,503|
|10||CoinTiger||ALT / USDT||$0.51480400||38.04%||$85,281|
|11||Dex-Trade||ALT / USDC||$0.00002880||55.00%||$865|
|12||XT.COM||ALT / USDT||$0.40064200||41.46%||$77|
|13||Hotbit||ALT / USDT||$0.00011959||40.00%||$4|
|14||Tokpie||ALT / USDT||$0.00001874||0.27%||$0|
|15||Bithumb||ALT / BTC||$0.87657300||37.49%||$34|
ALT Price Statistics
- Alt Coin Price Now $0
- 24h Low / 24h High $0 / $0
- Trading Volume $0
- Market Cap Rank #0
- Market Cap $0
- Volume / Market Cap 0.0000
Nov 26, 2021
Jun 13, 2022
What is Alt Coin Cryptocurrency?
Alt coin, short for alternative coin, refers to any cryptocurrency other than Bitcoin. Since the inception of Bitcoin in 2009, countless alternative digital currencies have emerged, each with its unique features and capabilities. Alt coins aim to provide alternatives to Bitcoin by improving upon its limitations or introducing different functionalities to cater to specific needs.
Characteristics of Alt Coins
Alt coins differ from Bitcoin in several aspects:
1. Technology: Alt coins often utilize different underlying technologies, distinct from the blockchain used by Bitcoin. For example, Litecoin employs the Scrypt algorithm, whereas Ripple relies on a consensus mechanism called the Ripple Protocol Consensus Algorithm.
2. Features: Alt coins introduce various features that Bitcoin lacks. For instance, Ethereum incorporates smart contracts, enabling the creation and execution of decentralized applications (DApps) on its platform.
3. Distribution: Unlike Bitcoin, which had a fair start through mining, alt coins may vary in their distribution methods. Some may have pre-mined coins or initial coin offerings (ICOs) to raise funds and distribute coins before public trading begins.
Types of Alt Coins
Alt coins can be categorized into different types based on their purpose or functionality:
1. Anonymity-oriented: Alt coins like Monero and Zcash focus on providing enhanced privacy and anonymity compared to Bitcoin. They employ advanced cryptographic techniques to obfuscate transaction details and shield user identities.
2. Utility tokens: Alt coins such as Binance Coin (BNB) and ChainLink (LINK) serve as utility tokens within specific platforms or ecosystems. They are primarily used for accessing services, paying for transaction fees, or rewarding participants.
3. Stablecoins: Stablecoins like Tether (USDT) and USD Coin (USDC) are designed to maintain a stable value by pegging their worth to real-world assets or fiat currencies. These alt coins provide a reliable medium of exchange and a store of value within the volatile crypto market.
4. Platform-oriented: Alt coins like Ethereum (ETH) and Cardano (ADA) serve as the foundation for creating decentralized applications. They offer developers a platform to build innovative blockchain-based solutions and execute complex smart contracts.
Investing in Alt Coins
Investing in alt coins can be rewarding but also carries risks. Before investing, it is essential to research and evaluate the alt coin's team, technology, use case, and market demand. Additionally, one should consider diversifying investments across multiple alt coins to minimize risk.
It is advisable to use reputable exchanges to purchase alt coins and store them securely in a personal wallet. Keeping updated with the latest news, market trends, and regulatory developments is crucial for making informed investment decisions.
Remember, alt coin investments should align with one's risk tolerance and investment goals. It is always recommended to consult with a financial advisor before making any substantial investment in cryptocurrencies.