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What are altcoins?

Altcoins are cryptocurrencies other than Bitcoin, and include stablecoins and security tokens. Browse Investopedia’s expert written library to learn more.

What are some examples of altcoins?

Some examples of altcoins are Litecoin, Dogecoin, and Ripple. It’s worth noting that Bitcoin commands a 53.7% share while altcoins take up 46.3% of the total crypto market cap. These alternative digital currencies use similar technology to Bitcoin and are all blockchain-based. The differences are found in the features and use cases.

Are altcoins legit?

Altcoins are any cryptocurrency that is not Bitcoin (or Ethereum). There are thousands of altcoins on the market, so it is difficult to tell which might be legitimate and which are not. It's best to read all the documentation behind whichever cryptocurrency piques your interest.

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