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altcoin

altcoin

1 7.8
A digital currency that is not Bitcoin
  • noun
  • /ˈɔːltˌkɔɪn/
  • Jargon
: altcoin
  • Investors are diversifying their portfolios by investing in various altcoins alongside Bitcoin.
  • altcoin or digital currency

So what's the difference between most of these altcoins and the original Bitcoin?

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Examples

  • The new altcoin is attracting attention for its unique features and promising technology.

  • And Bitcoin is a type of currency, yes, it's a cryptocurrency that all other cryptocurrencies are altcoins, so alternative coins, right?

  • So we just heard John's position about altcoins, which is negative.

  • And Luna is an altcoin and it's really exploded over the course of, you know, the past six months.

  • Well, there's literally thousands and thousands of altcoins now, right?

  • I think people realize that altcoins are meme coins and they said fuck utility, we're here to gamble.

  • NFTS, non fungible tokens, Bitcoin, Ethereum, altcoins, they're all going to the moon essentially.

  • After careful analysis, she decided to invest in several altcoins to spread her risk in the cryptocurrency market.

Synonyms

cryptocurrency
vsaltcoin
  • Texting
7 7.4

A type of digital money kept and checked by many computers, not a bank

is a specific alternative to the main digital coin excluding the best known example

Surface Forms

altcoin singular
altcoins plural

Morphology

altcoin = alt + coin (transparent) = alt + coin

The parts 'alt' (short for 'alternative') and 'coin' combine clearly to mean an alternative cryptocurrency.

Etymology

Altcoin comes from the parts alt and coin, where alt means 'alternative' or 'other' and coin means 'money' or 'currency'. So an altcoin is an 'other' digital currency, any cryptocurrency that is not Bitcoin.