Any cryptocurrency that is not Bitcoin is referred to as an “altcoin.” It alludes to alternate coins that were produced using the same fundamentals as Bitcoin but frequently provide distinct features or technologies. The term “altcoin” refers to a wide variety of cryptocurrencies, including Bitcoin and its equivalents such as Ethereum, Litecoin, Ripple, and many others.
Altcoins examples include Ethereum (ETH), Ripple (XRP), Litecoin (LTC), Cardano (ADA), and Polkadot (DOT), each offering unique features and use cases in the crypto market.