Coins: 10053 Exchanges: 889 Market Cap: $1,225,562,243,650 1.25% 24h Vol: $48,208,812,807.548 Dominance: BTC 46.65%, ETH 18.33%
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Alt Coin price

Alt Coin Price (ALT)

$0.00000005

0.00%
Rank #5246

Alt Coin Price Chart (ALT/USD)

Last updated 15 Jun 2022, 20:36PM UTC. Currency in USD.

Markets
# Exchange Pair Price Spread Volume(24h) Trust
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

$0
24H Range
$0
  • 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
  • All-Time High $0 -97.77%
    Nov 26, 2021
  • All-Time Low $0 2.51%
    Jun 13, 2022
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What is Alt Coin Cryptocurrency?

Introduction

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.